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Phillip
Phillip is 31 years old and lives in the town of Tororo in the Mbale region of Uganda. He is married and has 3 children, with 2 of them currently in school. For the past 2 years, Phillip has been working hard to manage his salon, which does hairdressing.

To help expand his business, Phillip has requested a loan of 300,000 Ugandan shillings from BRAC Uganda. The loan will be used to purchase a big screen television and will help Phillip to generate greater profits and then pay school fees for his children. Phillip hopes that in the future he will be able to educate his children.

Phillip is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Phillip 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
  • 151
    View loans »
    Uganda Loans Fundraising
  • $28,315,525
    Funds lent in using Kiva
  • 2,365.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,275 helped Phillip to purchase a big screen television.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 14, 2012
Listed
Feb 29, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013