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Ruth
Ruth, 35, lives in the town of Kijura, Uganda. For the past four years, she has been working hard to manage her hardware store, which sells cement, iron sheets and nails, among other things.

To help expand her business, Ruth has requested a loan of 3,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to purchase more tools and construction supplies for resale and will help Ruth to generate greater profits and pay for her children's school fees. Ruth hopes that in the future she will be able to own a machine to manufacture cement.

Ruth is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Ruth 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
  • 289
    View loans »
    Uganda Loans Fundraising
  • $31,075,950
    Funds lent in using Kiva
  • 2,580.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Ruth to purchase more tools and construction supplies for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 14, 2011
Listed
Nov 15, 2011
Currency Exchange Loss:
Possible
Ended:
May 22, 2012