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Sulaiti
Sulaiti is 32 years old and lives in the town of Nakaloke in the region of Iganga in Uganda. He is married and has three children, with two of them currently in school.

For the past five years, Sulaiti has been working hard to manage his clothes business, which deals in clothing of different kinds.

To help expand his business, Sulaiti has requested a loan of UGX 2,500,000 from BRAC Uganda. The loan will be used to buy more clothes for his business. It will help Sulaiti to generate greater profits and expand the business, which will bring about more income to be used for education of his children.

Sulaiti hopes that in the future he will be able to get a bigger shop.

Sulaiti is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Sulaiti 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
  • 309
    View loans »
    Uganda Loans Fundraising
  • $29,633,250
    Funds lent in using Kiva
  • 2,520.0
    Uganda Shillings (UGX) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $1,000 helped Sulaiti to buy more clothes for his business.
90% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 18, 2013
Listed
Dec 2, 2013
Currency Exchange Loss:
Possible