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Stella
Stella, age 40, runs a boutique shop where she sells clothing items to earn a living. She has operated her business for the past 20 years. She lives in the town of Kijura in the Hoima region of Uganda with her husband and their two children, both of whom are currently attending school.

To help expand her business, Stella has requested a loan in the amount of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more clothes to sell in her shop. This will help Stella to generate greater profits and pay some of her children's school fees. Stella hopes that in the future she will be able to expand her business into a bigger shop.

Stella is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Stella 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
  • 295
    View loans »
    Uganda Loans Fundraising
  • $29,599,275
    Funds lent in using Kiva
  • 2,560.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Stella to buy clothes to offer for sale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 19, 2013
Listed
Aug 21, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 24, 2014