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Margret
Margret is 19 years old and lives in the town of Nakifuma in the Mukono region of Uganda. For the past 3 years Margret has been working hard to manage her small market, which sells raw foods.

To help expand her business, Margret has requested a loan of 300,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more raw food such as bananas and cassava, and will help Margret to generate greater profits and allow her to expand her business by adding a variety of raw foods.

Margret hopes that in the future she will be able to build a good house.
Margret is a member of BRAC's Empowerment and Livelihood for Adolescents (ELA) program. In addition to microfinance loans, the program provides both a safe place for young Ugandan women to take part in group activities, and a forum for life-skills training.

Additional Information

More information about this loan

This loan is part of BRAC Uganda's Empowerment and Livelihood for Adolescents (ELA) program geared toward helping young women realize their full potential. The comprehensive curriculum of the ELA program includes training in life skills and the creation of adolescent clubs for ELA participants to discuss social issues and play games. Older ELA members are offered training in specific income-generating activities and can receive microfinance loans to support their enterprises. The ELA program has expanded rapidly since the beginning of 2008. Today, there are over 1,000 adolescent clubs reaching more than 40,000 young women across Uganda.

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
  • 312
    View loans »
    Uganda Loans Fundraising
  • $30,647,875
    Funds lent in using Kiva
  • 2,657.9
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Margret to buy more raw foods such as bananas and cassava.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 25, 2013
Listed
Feb 13, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 24, 2013