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Henry
Henry is 29 years old and lives in the town of Luwero in the Luwero region of Uganda. For the past three years, Henry has been working hard to manage his video library, which sells video movies and music.

To help expand his business, Henry has requested a loan of 2,500,000 Ugandan Shillings from BRAC Uganda. The loan will allow Henry to stock more video movies and CDs to sell and will help him to generate greater profits, so that he can complete his residential house and send his siblings to better schools. Henry hopes that in the future he will be able to open up a video cinema.

Henry is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Henry 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
  • 233
    View loans »
    Uganda Loans Fundraising
  • $31,033,550
    Funds lent in using Kiva
  • 2,545.2
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Henry to stock more videos and CDs to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 9, 2013
Listed
Oct 15, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014