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Living Stone
Living Stone is 30 years old and lives in the town of Mubende in the Mubende region of Uganda. He is married and has one child, who is currently in school. For the past three years, he has been working hard to manage his small business, which sells hardware.

To help expand his business, he has requested a loan of 3,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more iron sheets and cement to sell, and will help him generate greater profits and improve his family's stardand of living. Living Stone hopes that in the future he will be able to build rental houses.

Living Stone is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like him who do not have enough collateral for commercial loans, but whose businesses 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
  • 191
    View loans »
    Uganda Loans Fundraising
  • $31,415,275
    Funds lent in using Kiva
  • 2,560.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Living Stone to buy more iron sheets and cement to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 22, 2013
Apr 21, 2013
Currency Exchange Loss:
Apr 16, 2014