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Margret
Margret is 35 years old and lives in the town of Kasese in the Fort Portal region of Uganda. She is married and has four children who are all currently in school. For the past five years, Margret has been working hard to manage her boutique, which sells ladies’ and men's clothes.

To help expand her business, Margret has requested a loan of 3,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more clothes, and will help Margret to generate greater profits and expand on the business. Margret hopes that in the future, she will be able to bring in new clothes to the business.

Margret is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Margret 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
  • 160
    View loans »
    Uganda Loans Fundraising
  • $28,315,525
    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 $1,175 helped Margret to buy more clothes.
79% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 12, 2014
Listed
Mar 28, 2014
Currency Exchange Loss:
Possible