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Ronald
Ronald is 36 years old and lives in the town of Arua Hill in the Arua region of Uganda. He is married and has 4 children, with 3 of them currently in school. For the past 15 years, Ronald has been working hard to manage his traditional garment store, which sells traditional clothing.

To help expand his business, Ronald has requested a loan of 3000000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more traditional garment clothing for his business expansion, and will help Ronald to generate greater profits and develop his family. Ronald hopes that in the future he will be able to be self-sufficient.

Ronald is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Ronald 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
  • 192
    View loans »
    Uganda Loans Fundraising
  • $29,133,525
    Funds lent in using Kiva
  • 2,592.5
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Ronald buy traditional clothing to resell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 12, 2012
Listed
Oct 31, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 19, 2014