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Sarah

Update on Sarah

Sarah is 43 years old and married with three children. She lives in Hioma,Uganda and owns a business selling used clothing. She has been in this business for quite a long time to supplement her other small earnings. One challenge to her business is price fluctuations.

Sarah's goal is to educate her children. She hopes to expand her business to new markets, and she needs the loan to purchase secondhand clothes and sheets for sale.

Previous Loan Details

Sarah is a mother of three children. She is a teacher, tutor and also a businesswoman dealing in second-hand clothing. She lives in a town called Hoima, Uganda. Sarah is the breadwinner for a family of nine people and her family lives in a house Sarah constructed through her hard work. She dreams… More from Sarah'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

  • $1,500
    Average annual income
  • 147
    View loans »
    Uganda Loans Fundraising
  • $28,282,425
    Funds lent in using Kiva
  • 2,365.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Sarah to purchase secondhand clothes and sheets for sale.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 16, 2012
Listed
Feb 29, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 18, 2012