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David
David is 42 years old and he lives in the town of Bungokho, in the Mbale region of Uganda. He is married and has four children who are all currently in school. For the past six years, David has been working hard to manage his retail shop, in which he sells sugar, soap, cooking oil, and rice.

To help expand his business, David has requested a loan of UGX 2,500,000 (Ugandan shillings) from BRAC Uganda. The loan will be used to buy more sugar, soap, cooking oil, and rice and it will help David to generate greater profits and boost the business.

David hopes that, in the future, he will be able to have a second shop.

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
  • 306
    View loans »
    Uganda Loans Fundraising
  • $29,633,250
    Funds lent in using Kiva
  • 2,466.1
    Uganda Shillings (UGX) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,025 helped David to buy more sugar, soap, cooking oil, and rice.
78% repaid
Repayment Term
23 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Feb 12, 2014
Listed
Feb 17, 2014
Currency Exchange Loss:
Possible