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Herbart
Herbart M. is 30 years old and lives in the town of Kitintale in the Kampala central region of Uganda. He is married and has one child, who is not currently in school. Herbart has a medical clinic business, which he has run for two years.

To help expand his business, Herbart has requested a loan of 1,500,000 UGX from Kiva partner, BRAC Uganda. The loan will be used to purchase more medicine for resale. With the help of his loan from BRAC, Herbart hopes to generate greater profits and buy food for his family. In the future, he hopes to expand his medical clinic further.

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
  • 217
    View loans »
    Uganda Loans Fundraising
  • $29,088,225
    Funds lent in using Kiva
  • 2,315.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Herbart to purchase more medicine for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 14, 2011
Listed
Feb 9, 2011
Currency Exchange Loss:
Covered
Ended:
Feb 18, 2012