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Jonathan
Jonathan is 36 years old and lives in the town of Busia in the Iganga region of Uganda. He is married and has one child. For the past 3 years, Jonathan has been working hard to manage his bakery, which sells half cakes and scones.

To help expand his business, Jonathan has requested a loan of 3,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy a mixer, and it will help Jonathan to generate greater profits and help pay school fees. He hopes that in the future he will be able to start producing loaves of bread.

Jonathan is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Jonathan who do not have enough collateral for commercial loans, but have businesses that have grown too large for micro-loans.

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
  • 347
    View loans »
    Uganda Loans Fundraising
  • $30,336,175
    Funds lent in using Kiva
  • 2,535.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Jonathan to buy a mixer to make cakes.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 13, 2012
Listed
Oct 6, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 24, 2013