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Margret
Margret is 27 years old and lives in the town of Mubende in the Mubende region of Uganda. She is married and has one child. For the past six years, Margret has been working hard to manage her clothing shop, where she sells clothes.

To help expand her business, Margret has requested a loan of 2,500,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more clothes and will help Margret to generate greater profits and increase her stock. Margret hopes that in the future, she will be able to open up another branch.

Margret is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Margret 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
  • 321
    View loans »
    Uganda Loans Fundraising
  • $30,637,850
    Funds lent in using Kiva
  • 2,620.0
    Uganda Shillings (UGX) = $1 USD
Expired
A loan of $975 helped Margret to buy more clothes.
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 19, 2014
Listed
Aug 6, 2014
Currency Exchange Loss:
Possible
Expired:
Sep 5, 2014