Check out some available loans that are similar to this one!
Stephen
Stephen is 41 years old and lives in the town of Nakifuma in the Mukono region of Uganda. He is married and has seven children, all of whom currently attend school. For the past seven years, Stephen has been working hard to manage his small business, which sells glass.

To help expand his business, Stephen has requested a loan of 3,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to purchase more glass to sell, and will help Stephen to generate greater profits and pay his children's school fees. Stephen hopes that in the future he will be able to provide better quality building glass in town.

Stephen is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Stephen 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
  • 259
    View loans »
    Uganda Loans Fundraising
  • $29,230,350
    Funds lent in using Kiva
  • 2,600.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Stephen to purchase more building glass to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 17, 2013
Listed
Jul 15, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014