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Aloysious
Aloysious is 45 years old and lives in the town of Paidha in the Arua region of Uganda. He is married and has six children, four of whom currently attend school. For the past six years, Aloysious has been working hard to manage his retail shop, which sells sugar and soap (all types).

To help expand his business, Aloysious has requested a loan of 2,000,000 UGX from BRAC Uganda. The loan will be used to purchase more essential commodities like sugar and soap for resale, and will help Aloysious to generate greater profits and increase his inventory. Aloysious hopes that in the future he will be able to use loan profits to pay fees and medical expenses.

Aloysious is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Aloysious 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
  • 267
    View loans »
    Uganda Loans Fundraising
  • $29,188,300
    Funds lent in using Kiva
  • 2,465.0
    Uganda Shillings (UGX) = $1 USD
Expired
A loan of $825 helped Aloysious to purchase more essential commodities like sugar and soap for his shop.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 12, 2012
Listed
Jun 29, 2012
Currency Exchange Loss:
Possible
Expired:
Jul 29, 2012