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Rasul
Rasul is 31 years old and lives in the town of Koboko in the Arua region of Uganda. He is married and has three children, one of whom is currently in school. For the past five years, Rasul has been working hard to manage his retail shop, which sells clothes. To help expand his business, Rasul has applied for a loan of 3,000,000 UGX (Ugandan Shillings) from BRAC Uganda. The loan will be used to buy more clothes to sell, and it will help Rasul to generate greater profits and provide medical care for his children. Rasul hopes that, in the future, he will be able to increase his stock. Rasul is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Rasul who do not have enough collateral for commercial loans, but who have businesses that have grown too large for small 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
  • 285
    View loans »
    Uganda Loans Fundraising
  • $31,111,650
    Funds lent in using Kiva
  • 2,541.3
    Uganda Shillings (UGX) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,200 helped Rasul to buy more clothes to sell.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 16, 2013
Listed
Oct 21, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015