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Julius
Julius is 30 years old and lives in the town of Kijura, which is in the Hoima region of Uganda. He is married and has one child. For the past 3 years, Julius has worked hard to manage his retail shop to sells sweets, blue band, soft drinks, bread, sanitary pads, and pampers.

To help expand his business, Julius has requested a loan of 4,500,000 UGX from BRAC Uganda. The loan will be used to buy sugar ,rice, maize flour, cassava flour, and beans, and will help Julius to generate greater profits and increase his income. Julius hopes that in the future he will be able to buy a grinding machine.

Julius is a member of BRAC's Small Enterprise Program (SEP). The program primarily serves small entrepreneurs like Julius 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

  • $1,800
    Average annual income
  • 287
    View loans »
    Uganda Loans Fundraising
  • $30,713,300
    Funds lent in using Kiva
  • 2,524.9
    Uganda Shillings (UGX) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,800 helped Julius to buy sugar, rice, maize flour, cassava flour, and beans.
97% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 15, 2014
Listed
May 14, 2014
Currency Exchange Loss:
Possible
Ended:
May 17, 2015