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Margret
Margret, a 32-year-old single mother of three children, all in school, lives in the town of Wobulenzi in the Luwero region of Uganda. For the past five years, Margret has been working hard to manage her store, which sells clothing and bags.



To help expand her business, Margret has requested a loan of 2000000 Ugandan Shillings from BRAC Uganda to obtain more stocks of clothes; this will help her to generate greater profits and live a more comfortable life. Margret hopes that in the future she will be able to build up the business.



Margret is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Margret 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
  • 342
    View loans »
    Uganda Loans Fundraising
  • $29,753,750
    Funds lent in using Kiva
  • 2,691.1
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Margret to obtain more stocks of clothes.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 15, 2012
Listed
Nov 30, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013