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Annet
Annet is 31 years old and lives in the town of Kabale in Uganda. She is married and has six children, four of whom are currently in school. For the past 8 years, Annet has been working hard to manage her grocery and stationery shop.

To help to expand her business, Annet has requested a loan of 2,000,000 UGX from BRAC Uganda. The loan will be used to increase her stock and will help Annet to generate greater profits to improve the wellbeing of her family. Annet hopes that in the future she will be able to expand her business further.

Annet is a member of BRAC’s Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Annet who do not have enough collateral for commercial loans but who 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
  • 240
    View loans »
    Uganda Loans Fundraising
  • $31,040,150
    Funds lent in using Kiva
  • 2,524.9
    Uganda Shillings (UGX) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $800 helped Annet to increase her stock.
97% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 13, 2013
Listed
Nov 29, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015