Check out some available loans that are similar to this one!
Gatrude
Gatrude is 50 years old and lives in the town of Kibuli, in the Kampala South region of Uganda. She is married and has eight children, none of whom are currently in school. For the past 15 years, Gatrude has been working hard to manage her restaurant, in which she sells cooked food.

To help expand her business, Gatrude has requested a loan of UGX 2,500,000 (Ugandan shillings) from BRAC Uganda. The loan will be used to buy more cooking equipment and will help Gatrude to generate greater profits.Gatrude hopes that, in the future, she will be able to enlarge her restaurant.

Gatrude is a member of BRAC Uganda's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs, like Gatrude, 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
  • 362
    View loans »
    Uganda Loans Fundraising
  • $29,766,150
    Funds lent in using Kiva
  • 2,624.7
    Uganda Shillings (UGX) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $975 helped Gatrude to buy more cooking equipment.
79% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 17, 2014
Listed
Aug 1, 2014
Currency Exchange Loss:
Possible