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Jacqueline

Update on Jacqueline

Jacqueline used the previous loan to buy clothes and cosmetics to sell. She is a married woman with two children living in Kagadi, Uganda. For four years, she has been operating a salon and a boutique shop. With the income earned, she has been able to pay school fees for her children and buy land for farming. She has always had a passion for fashion and this drove her to start the business. Inadequate capital is affecting business growth. Her plan is to set up a fashion school and expand business to new areas. Jacqueline is requesting a loan to buy clothes to sell and cosmetics to sell ahead of the Easter season when she expects increased sales.

Previous Loan Details

Jacqueline is a married woman with two children living in Kagadi, Uganda. For four years, she has been operating a salon and a boutique shop. With the income earned, she has been able to pay school fees for her children and buy land for farming. She has always had a passion for fashion and this d... More from Jacqueline'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

  • $1,500
    Average annual income
  • 296
    View loans »
    Uganda Loans Fundraising
  • $29,599,275
    Funds lent in using Kiva
  • 2,636.2
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Jacqueline to buy clothes and cosmetics to sell.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 6, 2013
Listed
Mar 27, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014