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Francis
Francis is 40 years old and lives in the town of Kijura in the Hoima region of Uganda. He is married and has three children who are all currently in school. For the past three years, Francis has been working hard to manage his farming business; he sells milk and rears cows.

To help expand his business, Francis has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more cows to milk and will help Francis to generate greater profits and boost his business. Francis hopes that in the future he will be able to meet family needs.

Francis is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Francis who do not have enough collateral for commercial loans, but have businesses that have grown too large for microloans.




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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
  • 234
    View loans »
    Uganda Loans Fundraising
  • $29,183,825
    Funds lent in using Kiva
  • 2,646.7
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Francis to buy more cows to milk.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 19, 2013
Listed
Mar 8, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 21, 2014