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Mark
Mark is 37 years old and lives in the town of Mpigi in the Kampala north region of Uganda. He is married and has 5 children who are all currently in school. For the past 5 years, Mark has been working hard to manage his small business, which sells clothes.

To help expand his business, Mark has requested a loan of 2,000,000 Ugandan shillings from BRAC Uganda. The loan will be used to buy more clothes for resale, and will help Mark generate greater profits and pay school fees for his children. Mark hopes that in the future he will be able to buy more materials for making clothes for resale.

Mark is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Mark 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
  • 232
    View loans »
    Uganda Loans Fundraising
  • $28,946,125
    Funds lent in using Kiva
  • 2,475.0
    Uganda Shillings (UGX) = $1 USD
Expired
A loan of $825 helped Mark to buy more clothes for resale.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 17, 2012
Listed
May 29, 2012
Currency Exchange Loss:
Possible
Expired:
Jun 28, 2012