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Noel
A loan of $1,650 helps to purchase more fashionable clothes for resale.
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Noel's story
Noel is 44 years old and lives in the town of Kabuusu in the Makidye region of Uganda. She is married and has 4 children with 2 of them currently in school. For the past 4 years, Noel has been working hard to manage her Boutique, which sells all kinds of adult clothes, like shirts, dresses etc. To help expand her business, Noel has requested a loan of 600000 Ugandan Shillings from BRAC Uganda. The loan will be used to purchase more fashionable clothes for resale and will help Noel to generate greater profits and manage to provide some basic needs and food for her family. Noel hopes that in the future she will be able to become a powerful businesswoman and own a big shop in town. She is a member of BRAC's microfinance program that 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.