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Ignatius
Ignatius is 34 years old and lives in the town of Kasese in the Fortportal region of Uganda. He is married and has 3 children with 2 of them currently in school. For the past 7 years Ignatius has been working hard to manage his pub, which sells soda, beers, wine and spirits.

To help expand his business, Ignatius has requested a loan of 2.500,000 Ugandan Shillings from BRAC Uganda. The loan will be used to improve the business and buy more soda, beers, wine and spirits to sell. These sales will help Ignatius to generate greater profits and help the family in meeting their needs. Ignatius hopes that in the future he will be able to increase his inventory.

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

Tags

About Uganda

  • $1,800
    Average annual income
  • 319
    View loans »
    Uganda Loans Fundraising
  • $30,629,375
    Funds lent in using Kiva
  • 2,580.6
    Uganda Shillings (UGX) = $1 USD
Expired
A loan of $975 helped Ignatius to improve the business and buy more soda, beers, wine and spirits to sell.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 16, 2013
Listed
Sep 14, 2013
Currency Exchange Loss:
Possible
Expired:
Oct 14, 2013