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Stanley
Stanley is 40 years old and lives in the town of Najera, in the Kampala east region of Uganda. He is married and has two children,who are currently in school. For the past 10 years, Stanley has been working hard to manage his retail shop, where he sells household commodities.

To help expand his business, Stanley has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. He will use the loan to buy more household commodities to sell, including bread, eggs, toilet paper, sodas, and flour. The increase in his stock will help Stanley to generate greater profits. Stanley hopes that in the future, he will be able to improve his business.

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
  • 291
    View loans »
    Uganda Loans Fundraising
  • $31,075,950
    Funds lent in using Kiva
  • 2,463.1
    Uganda Shillings (UGX) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $825 helped Stanley to buy more household commodities to sell, including bread, eggs, and toilet paper.
76% repaid
Repayment Term
24 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Feb 13, 2014
Listed
Feb 26, 2014
Currency Exchange Loss:
Possible