Funded

Total loan: $1,200
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Rasul

Uganda
Koboko, Uganda / Clothing

A loan of $1,200 helped to buy more clothes to sell.


Rasul's story

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.



Loan details

Loan length:

14 months
Disbursed date: September 16, 2013

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: September 16, 2013