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Sarah
Sarah is 39 years old and lives in the town of Lyantonde in the Mbarara region of Uganda. She is married and has three children who are all currently in school. For the past 14 years, Sarah has been working hard to manage her retail shop, which sells essential commodities.

To help expand her business, Sarah has requested a loan of 2,500,000 Ugandan shillings from BRAC Uganda. The loan will be used to buy more essential goods like sugar, rice, maize flour and soda for the business, and it will help Sarah to generate greater profits and see her children grow up in a healthy environment. Sarah hopes that in the future, she will be able to expand her business into a wholesale shop.

Sarah is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Sarah 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
  • 273
    View loans »
    Uganda Loans Fundraising
  • $31,080,425
    Funds lent in using Kiva
  • 2,627.0
    Uganda Shillings (UGX) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $975 helped Sarah to buy more essential goods like sugar, rice, maize flour and soda for the business.
96% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 11, 2014
Listed
Jul 10, 2014
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2015