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Bright
Bright is 49 years old and lives in the town of Zana in the Kampala west region of Uganda. He is married and has 8 children who are all currently in school. For the past 17 years, Bright has been working hard to manage his small business, which sells spare parts.

To help expand his business, Bright has requested a loan of 2,500,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more motor spare parts for resale, and will help Bright to generate greater profits and educate his children. Bright hopes that in the future he will be able to renovate his house.

Bright is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Bright 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
  • 271
    View loans »
    Uganda Loans Fundraising
  • $31,081,300
    Funds lent in using Kiva
  • 2,495.0
    Uganda Shillings (UGX) = $1 USD
Expired
A loan of $1,025 helped Bright to buy more motor spare parts for resale.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 17, 2012
Listed
May 5, 2012
Currency Exchange Loss:
Possible
Expired:
Jun 4, 2012