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Faridah
Faridah is 37 years old and lives in the town of Kayunga in the Mukono region of Uganda. She is married and has five children who are all currently in school. For the past five years, Faridah has been working hard to manage her retail shop, which sells sugar, flour, rice and other products.

To help expand her business, Faridah has requested a loan of 2,500,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more sugar, flour, rice and other products, and will help Faridah to generate greater profits and meet customers' needs. Faridah hopes that in the future she will be able to buy land.

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

  • $1,500
    Average annual income
  • 156
    View loans »
    Uganda Loans Fundraising
  • $28,703,800
    Funds lent in using Kiva
  • 2,647.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Faridah to buy more sugar, flour, rice and others products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 12, 2013
Listed
Mar 13, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 21, 2014