Check out other loans that are currently fundraising!
Masimu
Masimu is 32 years old and lives in the Iganga region of Uganda. For the past four years, Masimu has been working hard to manage her retail shop, which sells food and home supplies to local customers.

To help expand her business, Masimu has requested a loan of 1,500,000 Ugandan Shillings (UGX) from BRAC Uganda. The loan will be used to buy more rice and maize flour, and will help Masimu to generate greater profits and improve her family's welfare. Masimu hopes that in the future she will be able to have a bigger shop that provides quality goods.

Masimu is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Masimu 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.

About Uganda

  • $1,500
    Average annual income
  • 329
    View loans »
    Uganda Loans Fundraising
  • $29,746,975
    Funds lent in using Kiva
  • 2,565.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Masimu to buy more rice and maize flour.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 10, 2011
Listed
Nov 25, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012