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Denis
Denis is 30 years old and lives in the town of Seeta in the Mukono region of Uganda. He is married and has two children. For the past seven years, Denis has been working hard to manage his boutique, which sells clothes.

To help expand his business, Denis has requested a loan of 2,500,000 Ugandan Shillings from BRAC Uganda. The loan will be used to buy more materials for making clothes to sell, and will help Denis to generate greater profits and take care of his family members. Denis hopes that in the future he will be able to expand his shop more.

Denis is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Denis 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.

Tags

About Uganda

  • $1,800
    Average annual income
  • 235
    View loans »
    Uganda Loans Fundraising
  • $31,036,700
    Funds lent in using Kiva
  • 2,560.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Denis to buy more materials for making clothes to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 17, 2013
Listed
Oct 8, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014