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Herbert
Herbert is 29 years old and lives in the town of Mubende in Uganda. For the past two years, Herbert has been working hard to manage his small shop, which sells different kinds of shoes.

To help expand his business, Herbert has requested a loan of 2,500,000 Ugandan Shillings from BRAC Uganda. The loan will be used to purchase more pairs of shoes for resale, and will help Herbert to generate greater profits and pay for houses that he is building. Herbert hopes that in the future he will be able to open up a another shop in the neighboring town.

Herbert is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Herbert who do not have enough collateral for commercial loans, but have businesses that have grown too large for microloans.

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
  • 430
    View loans »
    Uganda Loans Fundraising
  • $30,369,225
    Funds lent in using Kiva
  • 2,855.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Herbert to purchase shoes to resell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 20, 2011
Listed
Oct 8, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012