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Richard
Richard J. is 42 years old and lives in the town of Nyendo in the Masaka region of Uganda. He is married and has 2 children. None of his children are currently in school. Richard has a bar business, which he has had for less than one year. He also has rental houses and a taxi for income.

To help expand his business, Richard has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to purchase more sodas and beers. With the help of the loan from BRAC, Richard hopes to generate greater profits and buy food. In the future, Richard hopes to construct more rental houses.

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
  • 294
    View loans »
    Uganda Loans Fundraising
  • $29,253,525
    Funds lent in using Kiva
  • 2,245.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Richard to buy more crates of soda and beer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 27, 2010
Listed
Sep 26, 2010
Currency Exchange Loss:
Covered
Ended:
Sep 21, 2011