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Polly
Polly is 44 years old and lives in the town of Makindye in the Kampala south region of Uganda. She is married and has six children with four of them currently in school. For the past 15 years, Polly has been working hard to manage her restaurant, which sells cooked food.

To help expand her business, she has requested a loan of 3,500,000 Ugandan Shillings from BRAC Uganda. The loan will be used to stock for more food for sale, and will help Polly to generate greater profits and pay school fees for her children. She hopes that in the future she will be able to buy another plot of land.

Polly is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs similar to Polly 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
  • 343
    View loans »
    Uganda Loans Fundraising
  • $29,753,750
    Funds lent in using Kiva
  • 2,560.0
    Uganda Shillings (UGX) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,375 helped Polly to stock for more food for sale for her restaurant business.
87% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2014
Listed
Jun 18, 2014
Currency Exchange Loss:
Possible