Update on EziraEzira is a 29-year-old married man with two children living in Kasese, Uganda. He has been in the general-store business for four years. His hardships are price fluctuation, inflation, inadequate capital to purchase stock and high fuel and transportation costs.
His personal goals are educating his children, building a permanent home and buying a car. Ezira's business goals are diversifying his business to include farming, moving it to a more permanent location and expanding the business into new markets.
Ezira wants money to buy sugar and rice to sell.
Previous Loan DetailsEzira is a twenty-eight-year-old married man with one child and he owns a house in Kasese, Uganda. He has been in the general store business for two years starting with 200,000 shillings and he now has 1,800,000 shillings in working capital. His hardships are limited funds, debtors and inflation ... More from Ezira'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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