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Faustine
Faustine is 38 years old and lives in the town of Makindye in the Kampala region of Uganda. She is married and has four children and three of them are currently in school.

For the past five years, Faustine has been working hard to manage her business, which sells charcoal.

To help expand her business, Faustine has requested a loan of 2,500,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more charcoal, and it will help Faustine to generate greater profits and provide essential needs. Faustine hopes that in the future she will be able to buy plots of land.

Faustine is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Faustine 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
  • 248
    View loans »
    Uganda Loans Fundraising
  • $28,966,450
    Funds lent in using Kiva
  • 2,620.0
    Uganda Shillings (UGX) = $1 USD
Expired
A loan of $975 helped Faustine to buy more charcoal.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 11, 2014
Listed
Aug 7, 2014
Currency Exchange Loss:
Possible
Expired:
Sep 6, 2014