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Michael
Michael M. is 29 years old and lives in the town of Mukono in the Mukono region of Uganda. He is married and has one child. His child is not currently in school. Michael has had a small retail shop for four years. He also has a second business of a bar.

To help expand his business, Michael has requested a loan of 1,500,000 Ugandan Shillings from BRAC Uganda. The loan will be used to purchase more essential commodities like sugar for resale. With the help of the loan from BRAC, Michael hopes to generate greater profits and buy food. In the future, Michael 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

  • $1,500
    Average annual income
  • 311
    View loans »
    Uganda Loans Fundraising
  • $29,747,050
    Funds lent in using Kiva
  • 2,375.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Michael to purchase more essential commodities like sugar for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 9, 2011
Listed
Apr 29, 2011
Currency Exchange Loss:
Covered
Ended:
May 22, 2012