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Godfrey
Godfrey is 44 years old and lives in the town of Mbale in the Mbale region of Uganda. He is married and has three children who are all currently in school. For the past 11 years, Godfrey has been working hard to manage his small shop in which he sells bags.

To help expand his business, Godfrey has requested a loan of 2500000 UGX (Ugandan Shillings) from BRAC Uganda. The loan will be used to buy more polythene bags and clothes for resale and will help Godfrey to generate greater profits and pay his children's school fees. Godfrey hopes that in the future he will be able to build his own flat houses.

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

  • $1,800
    Average annual income
  • 319
    View loans »
    Uganda Loans Fundraising
  • $30,629,375
    Funds lent in using Kiva
  • 2,699.9
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Godfrey to buy more polythene bags and clothes for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 12, 2012
Listed
Dec 10, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013