Update on MariamMariam used her previous loan to buy clothes to sell. She is a 39-year-old single mother with three children living in Kasese, Uganda .She has been selling clothes for two years and this has enabled her to provide the necessities to her children, as she has sole responsibility for taking care of them. Her hardship is inadequate capital to meet the high demand. Her personal goal is to educate her children and her business goal is to expand her business to new markets. Mariam intends to use the money to buy clothes to sell.
Previous Loan DetailsMariam is a 39-year-old single mother with three children living in Kasese, Uganda. She has been selling clothes for two years and this has enabled her to provide the necessities to her children,as she has sole responsibility for taking care of them. Her hardship is inadequate capital to meet the... More from Mariam'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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