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Steven is 35 years old and lives in the town of Fort Portal in Uganda. He is married and has 3 children who are all currently in school. For the past 10 years, Steven has been working hard to manage his retail shop, which sells motor spare parts.

To help expand his business, Steven has requested a loan of 2,500,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more spare parts for resale, and will help Steven to generate greater profits and pay school fees for his children. Steven hopes that in the future he will be able to build a shop that will eliminate the cost of renting.

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

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
  • 211
    View loans »
    Uganda Loans Fundraising
  • $31,442,275
    Funds lent in using Kiva
  • 2,600.0
    Uganda Shillings (UGX) = $1 USD