Update on ChristineChristine is a hardworking, married mother of four children living in Hioma, Uganda.
She owns a shop, where she sells clothes.
Her family goal is to educate her children and her business goal is to expand into new markets.
However, she faces the challenges of high price flactuations and taxes.
Christine intends to use the loan to buy clothes to sell.
Previous Loan DetailsChristine is 38 years old. She is married with 4 children aged 8-22 years. Her family of 6 people lives in their own house in Hioma, Uganda. For 8 years she has been operating a textile shop. She started her business by selling used clothes, but now she sells new textiles in her own shop. She… More from Christine's previous loan »
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.
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