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Madina
Madina is 25 years old and lives in the town of Fortportal in the Fortportal region of Uganda. She is married and has one child who is currently in school. For the past three years, Madina has been working hard to manage her retail shop in which sells sugar, salt, and cooking oil.

To help expand her business, Madina has requested a loan of 2000000 UGX (Ugandan Shillings) from BRAC Uganda. The loan will be used to buy more essential commodities such as milk, cooking oil, sugar, and salt for resale and will help Madina to generate greater profits and pay for family medical expenses and food. Madina hopes that in the future she will be able to open up another retail shop in town.

Madina is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs, like Madina, 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
  • 162
    View loans »
    Uganda Loans Fundraising
  • $28,315,525
    Funds lent in using Kiva
  • 2,699.9
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Madina to buy more essential commodities such as milk, cooking oil, sugar, and salt for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 10, 2012
Listed
Dec 10, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013