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Charles, a 39-year-old resident of the town of Masidi in the Hoima region of Uganda, is married and has two children, both of whom are currently in school. For the past three years, Charles has operated a business making saucepans. He also has a small retail shop that sells essential commodities like sugar.

To help expand his business, Charles has requested a loan of 1000,000 Ugandan Shillings from BRAC Uganda to purchase iron for making saucepans. With the help of the loan, he hopes to generate greater profits and pay the school fees for his children. In the future, Charles hopes to own a factory that makes saucepans.

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

  • $1,800
    Average annual income
  • 221
    View loans »
    Uganda Loans Fundraising
  • $32,044,650
    Funds lent in using Kiva
  • 2,595.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Charles to purchase iron for making saucepans.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jun 17, 2011
Jul 11, 2011
Currency Exchange Loss:
Jan 15, 2012