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Joseph
Joseph is 53 years old and lives in the town of Nakifuma in the Mukono region of Uganda. He is married and has 6 children with 4 of them currently in school. For the past 5 years, Joseph has been working hard to manage his produce store.

To help expand his business, Joseph has requested a loan of 2,500,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more cassava flour and maize flour to sell, which will help Joseph to generate greater profits, pay school fees for his children and also improve his family’s standard of living. Joseph hopes that in the future he will be able to build more rental houses.

Joseph is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Joseph 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
  • 265
    View loans »
    Uganda Loans Fundraising
  • $30,713,300
    Funds lent in using Kiva
  • 2,612.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Joseph to by more cassava flour and maize flour to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 14, 2013
Listed
May 26, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014