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Betty
Betty is 40 years old and lives in the town of Kitintale in the Kampala region of south Uganda. She is married and has 3 children, two of which are currently in school. For the past 2 years, Betty has been working hard to manage her retail shop which sells posho, beans, rice, and sugar.

To help expand her business, Betty has requested a loan of 3,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy stock like sugar, beans, and rice, and will help Betty to generate greater profits which will be used to pay school fees. Betty hopes that in the future, she will be able to open up a wholesale shop.

Betty is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Betty 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
  • 247
    View loans »
    Uganda Loans Fundraising
  • $28,946,125
    Funds lent in using Kiva
  • 2,537.0
    Uganda Shillings (UGX) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,200 helped Betty buy stock like sugar, beans, and rice to sell in her shop.
21% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 15, 2013
Listed
Nov 27, 2013
Currency Exchange Loss:
Possible