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Peter
Peter is 39 years old and lives in the town of Kireka in Uganda. He is married and has three children, of whom two are currently in school. For the past six years, Peter has been working hard to manage his workshop, where he manufactures sign posts, doors, and chairs.

To help expand his business, Peter has requested a loan of 3,000,000 Ugandan shillings from BRAC Uganda. The loan will be used to buy more wood, metal, and other materials, and it will help Peter to generate greater profits and improve his family's well-being. Peter hopes that in the future he will be able to own a large company.

Peter is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Peter who do not have enough collateral for commercial loans but whose businesses 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
  • 225
    View loans »
    Uganda Loans Fundraising
  • $29,115,450
    Funds lent in using Kiva
  • 2,565.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Peter to buy more wood, metal, and other materials.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 10, 2011
Listed
Nov 30, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012