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Stella
Stella is 32 years old and lives in the town of Mbarara, Uganda. She is married and has three children who are all currently in school. For the past 7 years, Stella has been working hard to manage her salon, where she retouches, treats and plaits hair.

To help expand her business, Stella has requested a loan of 3,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more braids, weaves and threading equipment, and will help Stella to generate greater profits and it will improve her family's standard of living. Stella hopes that in the future she will be able to own a bigger salon.

Stella is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Stella 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
  • 284
    View loans »
    Uganda Loans Fundraising
  • $29,599,275
    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 Stella to buy more braids, weaves and threading equipment.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 16, 2012
Listed
Aug 28, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 21, 2013