Update on JenifferJeniffer used a previous loan to buy soap, sugar and matchboxes to sell. She is a thirty-six-years-old diploma holder, married with three children, living in a semi-permanent house in Fort Portal, Uganda. The responsibility of looking after the family is vested in her, and her family dream is to educate her children and build a permanent house.
She has a retail shop which she has been operating for the last four years. She faces the challenge of price fluctuation, and her dream is to own a wholesale shop. Jeniffer needs the loan to buy merchandise like sugar, posho (maize flour), soap and match boxes to sell.
Previous Loan DetailsJeniffer is a thirty-six-year-old diploma holder, married with three children, living in a semi-permanent house in Fort Portal, Uganda. The responsibility of looking after the family is vested in her, and her family dream is to educate her children and build a permanent house. She has a retail… More from Jeniffer'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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Success!! The loan was 100% repaid