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Amos

Update on Amos

Amos used the previous loan to buy a motorcycle. He is a thirty-eight-year-old married man with three children, living in a semi-permanent house in Fort Portal, Uganda. His family dream is educating his children and owning at least five motorcycles. He has been operating a retail shop and a motorcycle business for the last eight years despite challenges with high fuel costs. Amos intends to use the loan to buy stock of soap, charcoal and sugar to sell.

Previous Loan Details

Amos is a thirty-eight-year-old married man with three children living in a semi-permanent house in Fort Portal, Uganda. His family dream is educating his children and owning at least five motorcycles. He has been operating a retail shop and a motorcycle business for the last eight years. He face... More from Amos'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
  • 241
    View loans »
    Uganda Loans Fundraising
  • $30,254,725
    Funds lent in using Kiva
  • 2,636.2
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Amos to buy stock of soap, charcoal and sugar to sell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 12, 2013
Listed
Mar 28, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013
This photo was used before for a previous loan for Amos. It was first posted on Kiva on Oct, 2011. Learn More