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Nazil

Update on Nazil

Nazil used the previous loan to buy cows for rearing. He is a 35-year-old hard-working man with two children living in Kasese, Uganda. His personal goals are to educate his children, build a permanent home and buy a car. He has been a farmer for the last six years.

Nazil's major hardships are price fluctuations and seasonal weather. He has a vision of expanding his farm and starting up a dairy. Nazil intends to use this loan to buy fertilizer for his banana plantation.

Previous Loan Details

Nazil is a thirty-five-year-old hardworking man with two children living in Kasese, Uganda. His personal goals are to educate his children, build a permanent home and buy a car. He has been a farmer for the last six years. His major hardships are price fluctuations and seasonal weather. He ha... More from Nazil'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
  • 296
    View loans »
    Uganda Loans Fundraising
  • $29,599,275
    Funds lent in using Kiva
  • 2,485.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Nazil to buy fertilizer for his banana plantation.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 16, 2012
Listed
Sep 1, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014