Update on KaijaKaija is 44 years old, the father of five children and lives in the town of Kagadi,Uganda. He earns a living by selling produce such as maize and beans, has been in business for eight years, and used a prior loan to buy more products to sell to his customers. He faces the challenges of price fluctuations and inflation, which cut into his profits. His personal goal is to educate his children to the university level while growing his business so he can venture into mechanized agriculture.Kaija is requesting this loan to buy maize and beans to sell.
Previous Loan DetailsWilliam is 44 years old and has five children. He sells produce, such as maize and beans, in Kagadi town, which he has been doing for eight years. William is requesting a loan, which he will use to buy maize and beans to sell. He faces the challenges of of price fluctuation and inflation,… More from Kaija'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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