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Grace
Grace is 36 years old and lives in the town of Nakifuma in the Mukono region of Uganda. She is married and has 4 children who are all currently in school. For the past 12 years, Grace has been working hard to manage her wholesale shop, which sells sugar and soap.

To help expand her business, Grace has requested a loan of 3,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more essential commodities for resale, and will help Grace to generate greater profits and improve more on her family's standards of living. Grace hopes that, in the future, she will be able to build a big commercial house in town.

Grace is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Grace 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
  • 289
    View loans »
    Uganda Loans Fundraising
  • $30,725,575
    Funds lent in using Kiva
  • 2,475.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Grace to buy more essential commodities for resale.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
May 10, 2012
Listed
May 23, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013