Check out some available loans that are similar to this one!
Abigumira
Abigumira, age 40, lives in the town of Kyenjojo in the Mubende region of Uganda. He and his wife have four children who are all currently enrolled in school. For the past three years, Abigumira has been working hard to manage his retail shop, which sells soap, sugar, and cooking oil.

To help expand his business, Abigumira has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more soap, sugar, and cooking oil to offer for sale, and the expected profits will help Abigumira to improve his business and pay school fees for his children. Abigumira hopes that in the future he will be able to expand his business more.

Abigumira is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Abigumira 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

  • $1,800
    Average annual income
  • 274
    View loans »
    Uganda Loans Fundraising
  • $31,080,425
    Funds lent in using Kiva
  • 2,630.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Abigumira to buy more soap, sugar, and cooking oil to offer for sale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 13, 2011
Listed
Nov 12, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012