Program: Purpose: Amount: Term: Start date: Location:

Microfinance Expand microfinance and build livelihoods $19.6 million Two years December 2008 Uganda

Why We Partnered

BRAC is the largest non-profit organization in the developing world, serving more than 110 million people with its holistic approach to alleviating poverty. It is also one of the leading providers of microfinance services. BRAC’s approach, which it calls “microfinance multiplied,” increases the ability of poor clients to productively use their loans to augment their incomes and build their assets, as well as stimulate economic and social development within their communities.

Uganda is a country of 30 million people. More than 60 percent of the population does not have access to financial services. The program will provide economically active women with loans, training and technical support to enable them to improve their livelihoods, particularly those in the agricultural poultry and livestock sectors. Additionally, the program will expand vocational and life-skills education for adolescent girls.

Anticipated Impact

• Improve the lives of approximately two million people
• Increase the productivity and income of women entrepreneurs
• Build Ugandan capacity by training more than 1000 staff members and partnering with local universities