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Betty
Betty is 40-years-old and lives in the town of Tororo in the Mbale region of Uganda. She is married and has five children who are all currently in school. For the past 13 years, Betty has been working hard to manage her school, which provides education services.

To help expand her business, Betty has requested a loan of 2,500,000 Ugandan Shillings from BRAC Uganda. The loan will be used to build a new classroom block, and will help Betty to generate greater profits and improve the school. Betty hopes that in the future she will be able to educate her children.

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

  • $1,800
    Average annual income
  • 288
    View loans »
    Uganda Loans Fundraising
  • $30,713,300
    Funds lent in using Kiva
  • 2,518.9
    Uganda Shillings (UGX) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,000 helped Betty build a new class room block.
97% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 15, 2014
Listed
Apr 30, 2014
Currency Exchange Loss:
Possible
Ended:
May 17, 2015