Update on AzizAziz used the previous loan to buy a motorcycle for his transport business. He is a married businessman living Bundibugyo, Uganda. He is in the transportation business and also owns a retail shop. Price fluctuations, customers not paying on time, and high taxes are the main challenges he is facing. His personal goals are to educate his children and build a permanent home. His business goal is to own at least five motorcycles since his business is very lucrative.
Aziz intends to use the loan to buy a new motorcycle for his business.
Previous Loan DetailsAziz is a married businessman living Bundibugyo, Uganda. He owns a used motorcycle for his transportation business and also owns a retail shop. Price fluctuations, customers not paying on time, and high taxes are the main challenges he is facing. His personal goals are to educate his children and… More from Aziz's previous loan »
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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