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Mila
Mila is 55 years old and lives in the town of Arua hill in the Arua region of Uganda. He is married and has 6 children. For the past 20 years, Mila has been working hard to manage his cow business, which sells cattle.

To help expand his business, Mila has requested a loan of 3000000 UGX from BRAC Uganda. He will use this loan to buy more cattle to sell, thereby generating greater profits that he can use to take care of his family and pay his medical bills. Mila hopes that in the future he will be able to become the richest man in town.

Mila is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Mila 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

  • $1,800
    Average annual income
  • 288
    View loans »
    Uganda Loans Fundraising
  • $31,089,375
    Funds lent in using Kiva
  • 2,475.2
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Mila to buy more cattle to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 16, 2012
Listed
Nov 27, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013