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Godfrey
Godfrey is 34 years old and lives in the town of Kyengera in the west Kampala region of Uganda. He is married and has 3 children with 2 of them currently in school. For the past 5 years, Godfrey has been working hard to manage his small business of selling timber.

To help expand his business, Godfrey has requested a loan of 300,0000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more timber, and it will help Godfrey to generate greater profits after selling his increased inventory. Godfrey hopes that in the future he will be the leading timber dealer in the Kampala subregion.

Godfrey is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs, like Godfrey, who do not have enough collateral for commercial loans, but they 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
  • 310
    View loans »
    Uganda Loans Fundraising
  • $30,647,875
    Funds lent in using Kiva
  • 2,487.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Godfrey to buy more timber.
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