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Serepio
Serepio is 35 years old and lives in the town of Fort Portal in the Fort Portal region of Uganda. He is married and has four children, all of whom are currently in school.

For the past five years, Serepio has been working hard to manage his drug shop, which sells drugs.

To help expand his business, Serepio has requested a loan of 3,000,000 Ugandan shillings from BRAC Uganda. The loan will be used to buy more drugs, and will help Serepio to generate greater profits and improve daily sales.

Serepio hopes that in the future he will be able to transform into a sub pharmacy.

Serepio is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Serepio 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
  • 334
    View loans »
    Uganda Loans Fundraising
  • $29,746,975
    Funds lent in using Kiva
  • 2,523.0
    Uganda Shillings (UGX) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,200 helped Serepio to buy more drugs.
97% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 17, 2014
Listed
May 7, 2014
Currency Exchange Loss:
Possible
Ended:
May 17, 2015