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Benedicto
Benedicto is 26 years old, married and has one child, who is not currently in school. He has a small retail shop, which he has run for two years.

To help expand his business, Benedicto has requested a loan of 1,000,000 Ugandan Shillings from Kiva partner, BRAC Uganda. The loan will be used to purchase more essential commodities, such as sugar, for resale. With the help of his loan from BRAC, Benedicto hopes to generate greater profits and buy food and basic necessities for his family. In the future, he hopes to expand his business 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
  • 160
    View loans »
    Uganda Loans Fundraising
  • $28,719,925
    Funds lent in using Kiva
  • 2,385.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Benedicto to purchase more essential commodities, such as sugar, for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 10, 2011
Listed
Jun 14, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 21, 2012