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Loy
Loy is 32 years old and lives in the town of Nakifuma, located in the Mukono region of Uganda. She is married and has four children, all of whom are in school. For the past 10 years, Loy has been working hard to manage her health clinic, which sells medicine.



To help expand her business, Loy has requested a loan of 2,500,000 Ugandan Shillings from BRAC Uganda to buy more medicine for resale, and this will help her to generate greater profits. She hopes that in the future she will be able to build up more rental houses.



Loy is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Loy 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
  • 231
    View loans »
    Uganda Loans Fundraising
  • $31,010,850
    Funds lent in using Kiva
  • 2,475.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Loy to buy more medicine for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 14, 2012
Listed
May 23, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 21, 2013