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Paul
Paul is 39 years old and lives in the town of Bungokho, in the region of Mbalem, in Uganda. He is married and has 5 children with 4 of them currently in school. For the past 10 years, Paul has been working hard to manage his farming business, where he raises cattle.
To help expand his business, Paul has requested a loan of 2,500,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy vaccination medicines, feeds, more cows and will help Paul to generate greater profits and provide good quality meat and milk for his customers. Paul hopes that in the future he will be able to boost his business and educate his children.
Paul is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Paul 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
  • 139
    View loans »
    Uganda Loans Fundraising
  • $28,282,425
    Funds lent in using Kiva
  • 2,524.9
    Uganda Shillings (UGX) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,000 helped Paul buy vaccination medicines, feeds, and more cows.
97% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 14, 2013
Listed
Nov 29, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 26, 2015