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Betty
Betty is 43 years old and lives in the town of Mukono in the Mukono region of Uganda. She is married and has three children with none of them currently in school. For the past 7 years, Betty has been working hard to manage her saloon, which sells hair foods, braids and weaves.

To help expand her business, Betty has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more hair foods, braids and weaves, and will help Betty to generate greater profits and boost the business. Betty hopes that in the future she will be able to expand her saloon to a modern level.

Betty is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Betty 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
  • 106
    View loans »
    Uganda Loans Fundraising
  • $28,282,425
    Funds lent in using Kiva
  • 2,563.0
    Uganda Shillings (UGX) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $800 helped Betty buy more hair foods, braids and weaves.
80% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 18, 2014
Listed
Mar 28, 2014
Currency Exchange Loss:
Possible