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Margret
Margret is 48 years old and lives in the town of Arua in the Arua region of Uganda. She is married and has three children. For the past year, Margret has been working hard to manage her retail shop, which sells sugar and soap.

To help expand her business, Margret has requested a loan of 1,500,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more sugar and soap for resale and will help Margret to generate greater profits and buy food to feed her family. Margret hopes that in the future she will be able to become a wholesale business woman.

Margret is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Margret 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
  • 270
    View loans »
    Uganda Loans Fundraising
  • $30,713,300
    Funds lent in using Kiva
  • 2,435.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Margret to buy more sugar and soap for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 14, 2011
Listed
Dec 13, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012