Meresi is 40 years old and lives in the town of Mbale in the Mbale region of Uganda. She is married and has three children with two of them currently in school. For the past three years, Meresi has been working hard to manage her shoe making business, which sells shoes for men, women and children.
To help expand her business, Meresi has requested a loan of 2,500,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more shoes and materials, and will help Meresi to generate greater profits and increase the daily income. Meresi hopes that in the future she will be able to have more houses to rent.
Meresi is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Meresi who do not have enough collateral for commercial loans, but have businesses that have grown too large for microloans.
About BRAC Uganda
This loan is administered by BRAC Uganda, a registered non-governmental organization (NGO) in Uganda that is also a part of the BRAC international network. BRAC Uganda attempts to address poverty through a holistic model, offering programs in education, health, water & sanitation, agriculture, and microfinance. BRAC Uganda’s microfinance program aims to provide the poor with easy, reliable, and efficient access to institutional financial services, and reaches over 150,000 families in Uganda. For more on BRAC Uganda, please see our partner page, and join our lending team, Friends of BRAC Uganda.