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Fatuma

Update on Fatuma

Fatuma is thankful because she has been able to educate her children using loans accessed through Ugafode and funded by Kiva lenders, Her children performed very well because they were not interrupted from their studies. She now wants another loan to pay tuition for her children. She is a hard-working and determined woman. She wants the relationship with UGAFODE and Kiva to grow stronger and better.

Previous Loan Details

Fatuma is repeat client who has already accessed a Kiva agricultural loan. She is now applying for a loan of 500,000 shillings UGX to pay her son's third-term school fees. With the loan, her son will be able to go to school with fully paid fees, and avoid disruptions of his schooling, since it is... More from Fatuma'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
  • 271
    View loans »
    Uganda Loans Fundraising
  • $31,081,300
    Funds lent in using Kiva
  • 2,650.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Fatuma to pay school fees.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 5, 2013
Listed
Mar 6, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013
This photo was used before for a previous loan for Fatuma. It was first posted on Kiva on Sep, 2012. Learn More