Update on JoselineJoseline used the previous loan to buy general merchandise to sell. She is a twenty-year-old single mother living in Kasese, Uganda.
After she became pregnant, her fiancé refused to take responsibility. She realized that the only way to support herself and the forthcoming baby was to have a daily source of income, so she set up a retail shop with her personal savings. She has been in the business for one year and with the income she has been able to meet medical expenses and rent a house. Her hardship is inadequate capital to meet the high demand. Her personal goal is building a permanent house to live in and her business goal is to diversify the business to include farming.
Joseline is requesting money to buy sugar, soda and beer to sell.
Previous Loan DetailsJoseline is a twenty-year-old single mother living in Kasese, Uganda. After she became pregnant her fiance refused to take responsibility and she realized that the only way to support herself and the forthcoming baby was to have a daily source of income; so she set up a retail shop with her… More from Joseline'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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