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Difasi
Difasi is 32 years old and lives in the town of Mbale in the Mbale region of Uganda. He is married and has four children who are all currently in school. For the past three years, Difasi has been working hard to manage his retail shop that sells sugar and soap.

To help expand his business, Difasi has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more essential commodities, like sugar, for resale, and will help Difasi to generate greater profits and expand his business. Difasi hopes that in the future he will be able to be the richest man in town.

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

  • $1,800
    Average annual income
  • 308
    View loans »
    Uganda Loans Fundraising
  • $30,718,125
    Funds lent in using Kiva
  • 2,500.0
    Uganda Shillings (UGX) = $1 USD
Expired
A loan of $800 helped Difasi to buy more essential commodities, like sugar, for resale.
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 7, 2012
Listed
Apr 30, 2012
Currency Exchange Loss:
Possible
Expired:
May 30, 2012