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Milly
Milly is 38 years old and lives in the town of Lugazi in the Mukono region of Uganda. She is single and has 4 children who are currently in school. For the past 8 years, Milly has been working hard to manage her retail shop, which sells sugar, soap and salt.

To help expand her business, Milly has requested a loan of 3,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more items for the shop, such as sugar and salt, to sell. The loan will help Milly generate greater profits, improve her family's standards of living, and pay for her children's school fees.

Milly hopes that in the future, she will be able to be a productive woman.

Milly is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Milly who do not have enough collateral for commercial loans, but have businesses that have grown too large for micro-loans.

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
  • 143
    View loans »
    Uganda Loans Fundraising
  • $28,287,225
    Funds lent in using Kiva
  • 2,574.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Milly to buy more items for the shop, such as sugar and salt, to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 12, 2013
Listed
Oct 22, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014