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Herbert
K. Herbert is an energetic thirty-six year old businessman. He has a retail shop in his local area, which his wife helps him run. He also has a car for hire. He is using his loan to bring more goods into his shop, such as sugar, soap, salt, maize flour, etc. His future plan is to purchase another car for transporting or hiring out for more income. He has six family members, and would like to help his children get a university education.

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
  • 319
    View loans »
    Uganda Loans Fundraising
  • $29,677,925
    Funds lent in using Kiva
  • 1,920.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Herbert to purchase more goods for his shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 21, 2009
Listed
Sep 23, 2009
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2010