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George
N. B. is a 36-year-old father of 6. He runs a welding workshop in Kamuli, whereas his wife owns a drug shop in the same locality. Both partners are hardworking and determined to achieve financial prosperity.


N. is using the money to boost his business by purchasing more steel bars and tools for his workshop. From the profit, he hopes to finish up his residential home, purchase more land, and construct rental houses as another source of income that will enable him to see his children through school successfully.

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.

About Uganda

  • $1,500
    Average annual income
  • 159
    View loans »
    Uganda Loans Fundraising
  • $28,340,300
    Funds lent in using Kiva
  • 2,000.1
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped George to purchase more steel bars/metals and tools for his workshop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 18, 2008
Listed
Nov 22, 2008
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2009