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Keneddy
Keneddy is 47 years old and lives in the town of Hoima in the region of Hoima in Uganda. He is married and has 5 children with 4 of them currently in school. For the past 4 years, Keneddy has been working hard to manage his boutique shop where he sells skirts, blouses and trousers.

To help expand his business, Keneddy has requested a loan of 2,500,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more new skirts, blouses and trousers for sale, and will help Keneddy to generate greater profits and pay school fees for his children. Keneddy hopes that in the future he will be able to buy more plots of land.

Keneddy is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Keneddy who do not have enough collateral for commercial loans, but have businesses that have grown too large for microloans.


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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
  • 287
    View loans »
    Uganda Loans Fundraising
  • $31,111,650
    Funds lent in using Kiva
  • 2,525.1
    Uganda Shillings (UGX) = $1 USD
Expired
A loan of $1,000 helped Keneddy to buy more new skirts, blouses and trousers to sell.
Repayment Term
20 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 18, 2013
Listed
Dec 9, 2013
Currency Exchange Loss:
Possible
Expired:
Feb 7, 2014