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Eryab
Eryab, a 41-year-old resident of the town of Kinubi, located in the Luweero region of Uganda, has four children, three of whom currently attend school. For the past four years, he has been working hard to manage his small bar, which sells beers, wines, spirits and soft drinks.



To help expand his business, Eryab has requested a loan of 3,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more soda and beers for resale, and will help him to generate greater profits and pay school fees for his children. Eryab hopes that in the future he will be able to further expand his business.



Eryab is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Eryab 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
  • 161
    View loans »
    Uganda Loans Fundraising
  • $28,315,525
    Funds lent in using Kiva
  • 2,567.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Eryab to buy more crates of soda and beer for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 9, 2011
Listed
Nov 29, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012