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Aloysious
Aloysious is 58 years old and lives in the town of Makindye in the Kampala north region of Uganda. He is married and has four children. For the past 10 years, Aloysious has been working hard to manage his boutique, which sells clothes.

To help expand his business, Aloysious has requested a loan of 2,500,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more different types of clothes for sale, and will help Aloysious to generate greater profits and take care of his medical bills. Aloysious hopes that in the future he will be able to buy another piece of land.

Aloysious is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Aloysious 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
  • 147
    View loans »
    Uganda Loans Fundraising
  • $28,282,425
    Funds lent in using Kiva
  • 2,520.0
    Uganda Shillings (UGX) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,000 helped Aloysious to buy more different types of clothes for sale.
79% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 12, 2014
Listed
Apr 14, 2014
Currency Exchange Loss:
Possible