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Rafayiri
Rafayiri is 30 years old and lives in the town of Kyotera in the Masaka region of Uganda. He is married and has three children who are all currently in school. For the past four years, Rafayiri has been working hard to manage his retail shop, which sells items like sugar, flour, and rice.

To help expand his business, Rafayiri has requested a loan of 2,000,000 UGX from BRAC Uganda. The loan will be used to improve the business and add different items. This will help Rafayiri to generate greater profits and increase his family's income. Rafayiri hopes that in the future he will be able to buy land.

Rafayiri is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Rafayiri 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
  • 241
    View loans »
    Uganda Loans Fundraising
  • $30,254,725
    Funds lent in using Kiva
  • 2,650.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Rafayiri to improve his business and diversify his products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 13, 2013
Listed
Mar 22, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 21, 2014