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Joseph
Joseph is 46 years old and lives in the town of Mpigi in the region of Kampala South in Uganda. He is married and has four children who are all currently in school. For the past eight years, Joseph has been working hard to manage his grocery shop, which sells general items.

To help expand his business, Joseph has requested a loan of 3,000,000 UGX from BRAC Uganda. The loan will be used to buy more stock of items for resale, and will help Joseph to generate greater profits and increase his sales and profits. Joseph hopes that in the future, he will be able to expand the business.

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.

Tags

About Uganda

  • $1,500
    Average annual income
  • 233
    View loans »
    Uganda Loans Fundraising
  • $28,946,125
    Funds lent in using Kiva
  • 2,520.0
    Uganda Shillings (UGX) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,200 helped Joseph to buy more stock of items for resale.
81% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Oct 16, 2013
Listed
Nov 17, 2013
Currency Exchange Loss:
Possible