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Alex
Alex is 36 years old and lives in the town of Mbarara, Uganda. He is married and has two children, one of whom is currently in school. For the past two years, Alex has been working hard to manage his grocery, which sells sugar, soap and cooking oil.

To help expand his business, Alex has requested a loan of 3,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more rice, posho and other local foods to sell, and will help Alex to generate greater profits and will improve his family's livelihood. Alex hopes that in the future he will be able to set up another business.

Alex is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Alex 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
  • 147
    View loans »
    Uganda Loans Fundraising
  • $28,282,425
    Funds lent in using Kiva
  • 2,510.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Alex to buy more rice, posho and other local foods to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 11, 2012
Listed
Aug 28, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 19, 2013