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Margret
Margret is 40 years old and lives in the town of Kachwamba in the Fortportal region of Uganda. She is married and has six children with three of them currently in school.

For the past 11 years, Margret has been working hard to manage her small bar, which sells drinks such as beer, spirits and wine.

To help expand her business, Margret has requested a loan of 3,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to stock more drinks like beer, soda, wine and spirits to sell in this festive season. It will help Margret to generate greater profits and pay school fees for her children. Margret hopes that in the future she will be able to buy a pool table and set up another bar room.

Margret is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Margret 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
  • 270
    View loans »
    Uganda Loans Fundraising
  • $30,725,575
    Funds lent in using Kiva
  • 2,580.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Margret to stock more drinks like beer, soda, wine and spirits to sell in this festive season.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 11, 2013
Listed
Apr 13, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 21, 2014