Check out some available loans that are similar to this one!
Peter
Peter is 37 years old and lives in the town of Mbarara, Uganda. He is married and has three children who are all currently in school. For the past five years, Peter has been working hard to manage his depot, which sells beer, sodas, wine and water.

To help expand his business, Peter has requested a loan of 3,000,000 Ugandan shillings from BRAC Uganda. The loan will be used to buy more waragi, wine and other drinks to sell. It will also help Peter generate greater profits and earn more money, which will increase the living standards of his family. Peter hopes that in the future he will be able to own a bigger bar.

Peter is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Peter 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
  • 162
    View loans »
    Uganda Loans Fundraising
  • $28,315,525
    Funds lent in using Kiva
  • 2,526.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Peter to buy more waragi, wine and other drinks to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 15, 2012
Listed
Oct 4, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 24, 2013