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Margret
Margret K. is 38 years old. She is a hard-working business lady. Margret is married with 2 children, both of them in school. She has a retail shop in Tula center. With a need to boost her business, Margret is using the loan proceeds to purchase rice, sugar, bar soap, salt, flour, and cooking oil so as to meet the demands of her ever increasing number of customers. Her dream is to open up a supermarket, hoping that the income from the business will enable her to educate her children.

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
  • 275
    View loans »
    Uganda Loans Fundraising
  • $29,599,275
    Funds lent in using Kiva
  • 1,990.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Margret purchase rice, sugar, bar soap, salt, flour, and cooking oil .
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 5, 2009
Listed
Jan 19, 2009
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2010