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Susan
Susan is 38 years old and lives in the town of Busia in the region of Uganda. She has four children who are all currently in school. For the past three years, Susan has been working hard to manage her boutique, which sells clothes.

To help expand her business, Susan has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to purchase more new clothes to sell. It will help Susan to generate greater profits and be able to pay school fees for her children. Susan hopes that in the future, she will be able to start up a new business and complete her unfinished house.

Susan is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Susan 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
  • 262
    View loans »
    Uganda Loans Fundraising
  • $29,205,025
    Funds lent in using Kiva
  • 2,517.0
    Uganda Shillings (UGX) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $800 helped Susan to purchase new clothes to sell.
97% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Oct 14, 2013
Listed
Nov 14, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 21, 2015