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Constance

Update on Constance

Constance, 50, is a hardworking woman; she is married with four children, two of whom are in school. She runs a bar and lodge business that she started two years ago in the town of Kagadi, Uganda. She describes herself as hardworking and has a dream of buying a vehicle. But she says inadequate capital is hindering the growth of her business.

Constance intends to use the loan to buy beer and soda to sell.

Previous Loan Details

Constance is a 50 year old lady with four children living in Kagadi, Uganda. She deals in a restaurant and bar business which she started running two years ago. Constance started with capital she saved from her salary as a health worker with Kagadi hospital. She says inadequate capital... More from Constance'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
  • 289
    View loans »
    Uganda Loans Fundraising
  • $31,090,750
    Funds lent in using Kiva
  • 2,720.2
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Constance to buy soft drinks, beer, and food to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 14, 2012
Listed
Jan 8, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013