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Nulu
Nulu is 32 years old and lives in the town of Kijura in Uganda. He is married and has three children with two of them currently in school. For the past three years, Nulu has been working hard to manage his small stationery store, which sells books, pens, pencils and wash basins.

To help expand his business, Nulu has requested a loan of 2,000,000 UGX from BRAC Uganda. The loan will be used to purchase new and different stationery items, and it will help Nulu to generate greater profits and pay for his children's school fees. Nulu hopes that in the future he will be able to own a big stationery shop.

Nulu is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Nulu 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
  • 257
    View loans »
    Uganda Loans Fundraising
  • $30,713,300
    Funds lent in using Kiva
  • 2,580.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Nulu to purchase new and different stationery items.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 14, 2011
Listed
Nov 15, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012