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John

Update on John

John needs a loan to buy maize to sell. He is a 41-year-old married man with six children living in Fort Portal, Uganda. He has been buying and selling maize for sixteen years and the business is profitable as he has been able to build a house. John’s major challenge is the high cost of rent and electricity for his business. He still has his big dream of owning a store and becoming a major supplier.

Previous Loan Details

John is 40 old and married with six children. He and his family live in a permanent house in Fort Portal, Uganda. John has been selling and buying maize for fifteen years and the business is profitable, as he has been able to build a house. John’s major challenge is the high cost of rent and elec... More from John'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

  • $1,800
    Average annual income
  • 287
    View loans »
    Uganda Loans Fundraising
  • $30,713,300
    Funds lent in using Kiva
  • 2,478.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped John to buy maize.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 17, 2012
Listed
Aug 7, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 16, 2013
This photo was used before for a previous loan for John. It was first posted on Kiva on Dec, 2010. Learn More