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Nyansio

Update on Nyansio

Nyansio, age 56, would like to request a loan in order to buy groundnuts and maize to offer for sale. He dreams of owning a store in a big town as he feels that this will enable him to be financially stable.

Seasonal weather is affecting his business, as this puts produce at high prices.

Previous Loan Details

Nyansio is a farmer who grows Irish potatoes, maize and groundnuts. He hails from Kyenjojo, Uganda, and is 55 years old. He is married and a father to eight children. Like most families in his area, his wife is also a farmer. Nyansio owns a semi-permanent house and dreams of building a good one and… More from Nyansio'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
  • 150
    View loans »
    Uganda Loans Fundraising
  • $28,315,525
    Funds lent in using Kiva
  • 2,485.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Nyansio to buy groundnuts and maize to offer for sale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 16, 2012
Listed
Mar 25, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 30, 2013
This photo was used before for a previous loan for Nyansio. It was first posted on Kiva on Jul, 2011. Learn More