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Jenny
Jenny is 34 years old and lives in the town of Mbale in Uganda. She is married and has two children, currently in school.

For the past 13 years, Jenny has been working hard to manage her clothing business, which sells all types of clothes.

To help expand her business, Jenny has requested a loan of UGX 2,500,000 from BRAC Uganda. The loan will be used for a capital increment and to buy more clothes. It will help Jenny to generate greater profits, and she will be able to pay school fees for her two children with time.

Jenny hopes that in the future she will be able to have many businesses in Mbale.

Jenny is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Jenny 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
  • 250
    View loans »
    Uganda Loans Fundraising
  • $30,263,650
    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 Jenny to add to her capital and buy more clothes.
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