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.
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.