Margaret

Margret is 42 years old and lives in the town of Kalerwe in the Kawempe region of Uganda. She is married and has 4 children with 1 of them currently in school.

For the past 3 years, Margret has been working hard to manage her laundry business, which does dry cleaning and has a washing bay. To help expand her business, Margret has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to purchase enough detergent for the laundry and dry cleaning business. This will help Margret to generate greater profits and repay back the loan on time. It will also manage to provide enough essentials needs for her children. Margret hopes that in the future she will be able to expand her business into a bigger laundry shop and also 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 do have businesses that have grown and qualify for microloans.