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Betty
Betty is 33 years old, married, and has two children. She lives in the town of Nansana in the Kampala region of Uganda. For the past five years, Betty has been working hard to manage her beauty salon, where she styles hair and sells cosmetics.

To help expand her business, Betty is requesting a loan for 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to purchase more cosmetic supplies for resale and will help Betty to generate greater profits and improve her family's quality of life. Betty hopes that in the future she will be able to start a hair dressing academy.

Betty is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Betty 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
  • 319
    View loans »
    Uganda Loans Fundraising
  • $29,677,925
    Funds lent in using Kiva
  • 2,840.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Betty to purchase more cosmetics.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 16, 2011
Listed
Oct 21, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012