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Christopher

Update on Christopher

Christopher needs a loan to buy local brew to sell. He is 35 years old, married, and has six children living in his house in Fort Portal, Uganda.He has a dream of educating his children up to tertiary level. For two years, Christopher has been in the motorcycle business and the sector has helped him to promptly provide basic needs for his family. However, he wishes to diversify his income sources so he has ventured into the local brew trade since it's very lucrative.

Previous Loan Details

Christopher is a thirty five year old married man with six children living in his own house in Fort Portal Uganda. He has a dream of educating his children up to tertiary level. For two years Christopher has been in the motorcycle business and the sector has helped him to promptly provide basic ... More from Christopher'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
  • 215
    View loans »
    Uganda Loans Fundraising
  • $29,088,225
    Funds lent in using Kiva
  • 2,479.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Christopher to buy local brew to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 11, 2012
Listed
Jul 3, 2012
Currency Exchange Loss:
Possible
Ended:
May 19, 2013
This photo was used before for a previous loan for Christopher. It was first posted on Kiva on Dec, 2010. Learn More