Kiva Loan Number 2

Location: Buluk, Juba, Southern, South Sudan Repayment Term: 13 months

Activity: Mobile Phones Repayment Schedule:

Monthly Loan Use: To buy more phones to sell

Victoria Stephen is currently in the business of selling mobile phones and is requesting a loan to stock more phones to sell. Victoria is 25 years old and is married to an electrical engineer. She has two children and her children go to school. With the extra profits from her loan, she hopes to be able to build up an internet cafe.

BRAC’s holistic approach to poverty alleviation and empowerment of the poor encompasses a range of core programs in economic and social development, health, education, human rights and legal services which are delivered through an extensive network of village organizations. BRAC has become one of the world’s largest NGOs as measured by the scale and diversity of its interventions. In 2007, BRAC started operations in Southern Sudan. The microfinance program, which is targeted towards returning war refugees, has already formed 418 village organizations with more than 14,000 women members.

(click to continue reading Kiva – Victoria Stephen from South Sudan is repaying a Kiva loan.)

Country: South Sudan
Avg Annual Income: $600
Currency: Sudan Pounds (SDG)
Exchange Rate: 2.2371 SDG = 1 USD

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