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Rashid
M. Rashid is 36 years old and married with three children who are studying. He is a hardworking business man who owns a bakery shop near the Kalerwe stage. He will use his loan to purchase baking ingredients for making bread, donuts, etc. Rashid supplies bread to a number of different places, such as retail shops and so forth. His future hope is to work hard to meet customer demand, and so obtain more profits.

Additional Information

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.

About Uganda

  • $1,500
    Average annual income
  • 296
    View loans »
    Uganda Loans Fundraising
  • $29,599,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Rashid to purchase baking ingredients for making bread, donuts, etc.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 15, 2009
Listed
Jul 7, 2009
Currency Exchange Loss:
N/A
Ended:
Jul 15, 2010