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Harriet

Update on Harriet

Harriet used the previous loan to complete her house. However, she changed from the transportation sector and now owns a retail shop. Her challenge in this business is price fluctuations and inflation and customers not paying on time. Her dream is to educate her children and diversify her business to a renowned wholesale shop. Harriet needs the loan to buy sugar and soap to sell and renovate her house.

Previous Loan Details

Harriet is 34 years old and married with four children. She works in the transportation sector, which is very lucrative for her, and she hopes to own at least two taxis. Harriet lives in her own house in Fort Portal Uganda and she is longing to finish building it. She is requesting a loan to ... More from Harriet's previous loan »

Additional Information

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Uganda

  • $1,800
    Average annual income
  • 321
    View loans »
    Uganda Loans Fundraising
  • $30,629,375
    Funds lent in using Kiva
  • 2,465.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Harriet to buy sugar and soap to sell and renovate her house.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 12, 2011
Listed
Jan 3, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2012
This photo was used before for a previous loan for Harriet. It was first posted on Kiva on Dec, 2010. Learn More