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Edward
Edward is 39 years old and lives in the town of Luwero in the Luwero region of Uganda. He is married and has 4 children, 2 of them currently in school.

For the past 6 years, Edward has been working hard to manage his spare parts store, which sells car wheels and other spare parts. To help expand his business, Edward has requested a loan of 3,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to add more stock of car wheels and other spare parts to his business, and will help Edward to generate greater profits and afford to send his children to school. Edward hopes that in the future he will be able to buy big machines which will help him to run his business.

Edward is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Edward 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
  • 296
    View loans »
    Uganda Loans Fundraising
  • $29,599,275
    Funds lent in using Kiva
  • 2,592.5
    Uganda Shillings (UGX) = $1 USD
Expired
A loan of $1,175 helped Edward to add more stock of car wheels and other spare parts to his business.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 8, 2012
Listed
Oct 31, 2012
Currency Exchange Loss:
Possible
Expired:
Nov 30, 2012