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Okello
Okello is 45 years old. He is married and has five children, four of whom are currently in school. Okello has a hardware shop, which he has run for five years.

To help expand his business, Okello has requested a loan of 2,000,000 Ugandan Shillings from Kiva partner, BRAC Uganda. The loan will be used to purchase more hardware materials for resale. With the help of his loan from BRAC, Okello hopes to generate greater profits and pay school fees for his children. In the future, he hopes to expand his business into a bigger shop.

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
  • $28,703,800
    Funds lent in using Kiva
  • 2,410.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Okello to purchase more hardware materials for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 18, 2011
Listed
Jun 19, 2011
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2012