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Beatrice
T. Beatrice is an ambitious entrepreneur with a food store. Her shop is located along Bundibugyo Road in Kisenyi (Rwengoma A2 Zone). She started with little capital in 2007, that is, a few bags of maize and cassava. As the business went on, slowly, she took the maize and cassava for grilling and the stock increased with maize flour and cassava flour. Further, she added millet flour due to the fact that it is jointly demanded with cassava flour as a mixture for a meal.



Beatrice is requesting the loan to add inventory and include beans in her business since people love them as a sauce for meals. And more so in the rainy season, the prices tend to increase which may affect her profits, so she wants to stock up in advance, that is, purchase maize, millet, cassava, and beans in large quantity for her business expansion. Her dream is to see her business be successful.

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

  • $1,800
    Average annual income
  • 259
    View loans »
    Uganda Loans Fundraising
  • $30,713,300
    Funds lent in using Kiva
  • 1,880.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Beatrice to purchase maize, millet, cassava, and beans in volume.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 21, 2009
Listed
Oct 24, 2009
Currency Exchange Loss:
Covered
Ended:
Nov 16, 2010