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Edison
Edison A. is 35 years old and lives in the town of Kyengera in the Kampala central region of Uganda. He is married and has two children. One of his children is currently in school. Edison has a business selling charcoal, which he has had for 6 years.

To help expand his business, Edison has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to purchase more charcoal for resale. With the help of the loan from BRAC, Edison hopes to generate greater profits and pay school fees and basic needs for his family. In the future, Edison hopes to further 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

  • $1,500
    Average annual income
  • 296
    View loans »
    Uganda Loans Fundraising
  • $30,299,000
    Funds lent in using Kiva
  • 2,373.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Edison to purchase more charcoal for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 17, 2011
Listed
Feb 17, 2011
Currency Exchange Loss:
Covered
Ended:
Feb 18, 2012