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Rashid
S. Rashid, a hardworking thirty-seven-year-old businessman, is married and blessed with four children, all in primary school. A resident of Kyotera County, Nkonge parish, Nabigasa Subcounty, Rakai district, he has a retail business in Kyotera market which is three years old. As well, he is a farmer with one-and-a-half acres of passion fruits in Nkonge Parish. He will use the loan to expand his retail shop by purchasing items such as soap, slippers, jellies, drinks, salt, sugar, etc.. His future hope is to extend his passion fruit farm.

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
  • 286
    View loans »
    Uganda Loans Fundraising
  • $30,713,300
    Funds lent in using Kiva
  • 2,242.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Rashid to expand his retail shop by purchasing items like soap, slippers, jellies, drinks, salt, sugar, etc.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 17, 2010
Listed
Jun 14, 2010
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2011