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Manasi
Manasi is 48 years old and lives in the town of Packwach in the Arua region of Uganda. He is married and has six children, four of whom are currently in school. For the past four years, Manasi has been working hard to manage his retail shop, which sells sugar and soap.

To help expand his business, Manasi has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more essential commodities for resale and will help Manasi to generate greater profits, which he plans to use for the family's medical expenses and for school fees for his children. Manasi hopes that in the future he will be able to buy a motorcycle to earn more income.

Manasi is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Manasi 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
  • 280
    View loans »
    Uganda Loans Fundraising
  • $29,556,625
    Funds lent in using Kiva
  • 2,475.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Manasi to buy more essential commodities for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2012
Listed
May 28, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 21, 2013