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Emmanuel

Update on Emmanuel

Emmanuel lives in Fort Portal, Uganda and is a 33-year-old married man with one child. His personal goal is to support his child's education. He has been a motorcycle driver and also a part-time teacher for six years now. After realizing that the meager salary of a primary school teacher could not support his family, Emmanuel bought a motorcycle, and he is proud of the benefits that he's reaping.

Emmanuel faces the challenge of mechanical breakdowns, and his desire is to own at least three motorcycles. He needs the loan to buy a motorcycle.

Previous Loan Details

Emmanuel is a 32-year-old married man with a child. He is living in his own semi-permanent house in Fort Portal, Uganda. He has been a motorcycle driver and also a part-times teacher for five years now. After realizing that the meager salary of a primary teacher could not support his family, he… More from Emmanuel'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
  • 106
    View loans »
    Uganda Loans Fundraising
  • $28,282,425
    Funds lent in using Kiva
  • 2,465.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Emmanuel to buy a motorcycle for his transport business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 4, 2012
Listed
Aug 3, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013
This photo was used before for a previous loan for Emmanuel. It was first posted on Kiva on May, 2011. Learn More