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Update on Yeremiah

Yeremiah is a hardworking man who lives in the town of Fort Portal, Uganda. He has taken out previous loans and used them to buy goats to raise and sell. The main challenges he faces in this business are fluctuating prices, inflation and the high cost of labor. His goal is to open a second business which he can use to generate additional income for his family and pay for the education of his children. Yeremiah is applying for this loan to buy more goats to sell.

Previous Loan Details

Yeremiah is a 54-year-old married man with three children, living in his own semi-permanent house in Fort Portal, Uganda. His goal is to set up income-generating activities for each of his children. He trades in goats and has been in the business for two years, reaping great profits. His major ch... More from Yeremiah'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
  • 213
    View loans »
    Uganda Loans Fundraising
  • $31,373,750
    Funds lent in using Kiva
  • 2,465.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Yeremiah to buy goats to sell to his customers.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Dec 6, 2011
Jan 3, 2012
Currency Exchange Loss:
Nov 15, 2012