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Peter
Peter is 35 years old and lives in the town of Soroti in the Mbale region of Uganda. He is married and has six children who are all currently in school. For the past fifteen years, Peter has been working hard to manage his retail shop, where he sells home supplies, food and fresh produce.

To help expand his business, Peter has requested a loan of 3,000,000 Ugandan Shillings from Kiva field partner BRAC Uganda. He will use the loan to buy more food to sell at his shop. Peter is a member of BRAC's Small Enterprise Program (SEP), which primarily serves small entrepreneurs who do not have enough collateral for commercial loans, but have businesses that have grown too large for microloans.

Peter hopes he will be able to generate greater profits and improve his family's welfare. He hopes that in the future he will be able to start offering new kinds of produce to his customers.

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
  • 326
    View loans »
    Uganda Loans Fundraising
  • $29,746,975
    Funds lent in using Kiva
  • 2,715.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Peter to buy more food items for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 10, 2011
Listed
Oct 29, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 19, 2013