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Scovia

Update on Scovia

Scovia is 22 years old and lives in the town of Kamwenge in the Fort Portal region of Uganda. She is married and has two children who are both currently in school. For the past two years, Scovia has been working hard to manage her small business, which sells clothes.

To help expand her business, Scovia has requested a loan of 600,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more clothes for resale, and will help Scovia to generate greater profits and pay school fees for her children. Scovia hopes that in the future she will be able to educate her children up to university and also buy a plot of land.

Scovia is a member of BRAC's Empowerment and Livelihood for Adolescents (ELA) program. In addition to microfinance loans, the program provides both a safe place for young Ugandan women to take part in group activities, and a forum for life-skills training.

Previous Loan Details

Scovia is 22-years-old and lives in the town of Kamwenge in the Fort Portal region of Uganda. For the past two years, Scovia has been working hard to manage her small business, which sells various kinds of clothes. To help expand her business, Scovia has requested a loan of 300,000 Ugandan Sh... More from Scovia's previous loan »

Additional Information

More information about this loan

This loan is part of BRAC Uganda's Empowerment and Livelihood for Adolescents (ELA) program geared toward helping young women realize their full potential. The comprehensive curriculum of the ELA program includes training in life skills and the creation of adolescent clubs for ELA participants to discuss social issues and play games. Older ELA members are offered training in specific income-generating activities and can receive microfinance loans to support their enterprises. The ELA program has expanded rapidly since the beginning of 2008. Today, there are over 1,000 adolescent clubs reaching more than 40,000 young women across Uganda.

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Uganda

  • $1,800
    Average annual income
  • 317
    View loans »
    Uganda Loans Fundraising
  • $30,647,875
    Funds lent in using Kiva
  • 2,638.1
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Scovia to buy more clothes for resale.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 23, 2012
Listed
Nov 22, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 21, 2013
This photo was used before for a previous loan for Scovia. It was first posted on Kiva on Dec, 2011. Learn More