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Eric
Eric is 28 years old and lives in the town of Kyenjojo in the Mubende region of Uganda. He is married and has one child. For the past one year, Eric has been working hard to manage his clinic, where he treats patients and sells medicine.

To help expand his business, Eric has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more drugs like Panadol, Cough Off, Cloud Cap, etc. and will help Eric to generate greater profits to buy more drugs for the clinic and build an admitting room for patients. Eric hopes that in the future he will be able to have a bigger and well-stocked clinic.

Eric is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Eric 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
  • 277
    View loans »
    Uganda Loans Fundraising
  • $29,599,275
    Funds lent in using Kiva
  • 2,487.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Eric buy more drugs like Panadol, Cough Off, Cloud Cap, etc.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 18, 2012
Listed
Jul 29, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 27, 2013