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Muzamiru
Muzamiru is 40 years old and lives in the town of Pallisa in the Iganga region of Uganda. He is married and has five children, with three of them currently in school. For the past six years, Muzamiru has been working hard to manage his salon, which cuts men's hair.

To help expand his business, Muzamiru has requested a loan of 3000000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more machines for the hair, and will help Muzamiru to generate greater profits, boost the business and increase their income. Muzamiru hopes that in the future he will be able to improve on the family well-being.

Muzamiru is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Muzamiru 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
  • 288
    View loans »
    Uganda Loans Fundraising
  • $29,599,275
    Funds lent in using Kiva
  • 2,646.7
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Muzamiru to buy more machines for the hair.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 13, 2013
Listed
Mar 8, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 21, 2014