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Ronald
Ronald M. is 40 years old and lives in the town of Kinubi in the Hoima region of Uganda. He is married and has four children, all of whom are currently in school. Ronald has a garment shop, which he has run for less than a year.

To help expand his business, Ronald has requested a loan of 1,800,000 UGX from Kiva partner, BRAC Uganda. The loan will be used to purchase more clothes. With the help of his loan from BRAC, Ronald hopes to generate greater profits and pay his children's school fees. In the future, Ronald hopes to expand his business.

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
  • 289
    View loans »
    Uganda Loans Fundraising
  • $30,664,300
    Funds lent in using Kiva
  • 2,308.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Ronald to purchase more clothes for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 12, 2010
Listed
Dec 11, 2010
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2011