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Charlse
Charlse is 32 years old and lives in the town of Lyantonde in the Mbarara region of Uganda. He is married and has three children, with two of them currently in school. For the past 10 years, Charlse has been working hard to manage his retail shop, which sells sugar, salt and cooking oil.

To help expand his business, Charlse has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to purchase more essential commodities such as milk, cooking oil, sugar and salt to attract more customers, and will help Charlse to generate greater profits and pay his children's school fees and medical bills. Charlse hopes that in the future he will be able to build a big commercial house.

Charlse is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Charlse 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
  • 234
    View loans »
    Uganda Loans Fundraising
  • $31,031,950
    Funds lent in using Kiva
  • 2,655.9
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Charlse to purchase more essential commodities such as milk, cooking oil, sugar and salt to attract more customers.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 10, 2012
Listed
Dec 21, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 19, 2014