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Semu
Semu is 30 years old and lives in the town of Kayunga in the Mukono region of Uganda. He is married and has two children who are both currently in school.

For the past three years, Semu has been working hard to manage his retail shop, which sells flour, sugar, rice, etc.

To help expand his business, Semu has requested a loan of 2,000,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more products such as flour, sugar and rice for resale and will help Semu to generate greater profits and buy more goods. Semu hopes that in the future he will be able to produce more quality products.

Semu is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Semu 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
  • 264
    View loans »
    Uganda Loans Fundraising
  • $29,188,300
    Funds lent in using Kiva
  • 2,691.1
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Semu to buy more products such as flour, sugar and rice for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 14, 2012
Listed
Nov 30, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013