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Grace
Grace is 57 years old and lives in the town of Seeta in the Mukono region of Uganda. She is married and has four children who are all currently in school. For the past 10 years, Grace has been working hard to generate income through her money transfer business and by selling chickens.

To help expand her businesses, Grace has requested a loan of 3,000,000 Ugandan shillings from BRAC Uganda. The loan will be used to buy more hens, and will help Grace to generate greater profits and improve her way of living. Grace hopes that in the future she will be able to have a large farm.

Grace is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Grace 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
  • 108
    View loans »
    Uganda Loans Fundraising
  • $28,637,175
    Funds lent in using Kiva
  • 2,520.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Grace to support her mobile money transfer business and side business of selling hens.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 13, 2012
Listed
Sep 30, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 24, 2013