Faridah
A loan of $550 helps to buy more clothes to sell.
Faridah's story
Faridah is 42 years old and lives in the town of Kabuusu in the Kabuusu region of Uganda. She is married and has 4 children, 3 of whom are currently in school. For the past 5 years, Faridah has been working hard to manage her business, which sells clothes.
To help expand her business, Faridah has requested a loan of 2,000,000 UGX from BRAC Uganda. The loan will be used to buy more clothes, and it will help Faridah generate greater profits and increase her income and pay school fees for her children. Faridah hopes that in the future, she will be able to buy land.
She is a member of BRAC's Microfinance Program (MF). The program primarily serves small group members like her, who do not have collateral for commercial loans, but who do have businesses that have grown and qualify for microloans.