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Lydia
Lydia is 42 years old and lives in the town of Bungokho in the Mbale region of Uganda. She is married and has 6 children, who are all currently in school. For the past 5 years, Lydia has been working hard to manage her retail shop, where she sells sugar, soap and salt. To help expand her business, Lydia has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to purchase more food items for sale in her shop, thus helping Lydia to generate greater profits and pay school fees for her children. Lydia hopes that in the future she will be able to increase her shop's business. Lydia is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Lydia, 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

  • $1,500
    Average annual income
  • 109
    View loans »
    Uganda Loans Fundraising
  • $28,637,175
    Funds lent in using Kiva
  • 2,530.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Lydia to purchase more food items for sale in her shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 20, 2013
Listed
Oct 25, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014