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David
David is 40 years old and lives in the town of Mityana in the Mubende region of Uganda. He is married and has 2 children who are currently in school. For the past 2 years, David has been working hard to manage his hardware shop, which sells hardware items.

To help expand his business, David has requested a loan of 2000000 UGX from BRAC Uganda. The loan will be used to buy more building items to sell in his hardware shop, helping David to generate greater profits and pay school fees for his children. David hopes that in the future he will be able to expand his hardware shop.

David is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like David 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
  • 222
    View loans »
    Uganda Loans Fundraising
  • $29,092,125
    Funds lent in using Kiva
  • 2,530.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped David to buy more building items to sell in his hardware shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 19, 2013
Listed
Oct 25, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014