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Peter
Peter is 35 years old and lives in the town of Arua in the Arua region of Uganda. He is married and has three children who are all currently in school. For the past six years, Peter has been working hard to manage his wholesale shop, which sells sugar and soap.

To help expand his business, Peter has requested a loan of 2,500,000 UGX from BRAC Uganda. The loan will be used to buy more essential commodities, and it will help Peter to generate greater profits and pay school fees for his children. Peter hopes that in the future he will be able to expand his business more.

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 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
  • 345
    View loans »
    Uganda Loans Fundraising
  • $29,753,750
    Funds lent in using Kiva
  • 2,465.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Peter to buy more essential commodities.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 13, 2012
Listed
Apr 16, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013