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Aganatia

Update on Aganatia

Aganatia is 39 years old, married, and has four children. He lives in Kasese, Uganda. He used the previous loan to buy clothes to sell. He has been operating a retail shop for seven years and also sells clothes. He started with 800,000 shillings and now has 4,000,000 shillings as working capital.

Aganatia is requesting a loan, which he will use to buy clothes to sell. His hardship are high fuel and transport costs. His personal goal is educating his children while his business goal is expanding his business into a new market.

Previous Loan Details

Aganatia is a 38-year-old married man with four children living in Kasese, Uganda. He has been operating a retail shop for seven years. He started with 800,000 shillings and now has 3,000,000 shillings as working capital. His hardship is high fuel and transport costs. His personal goal is educati... More from Aganatia'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
  • 174
    View loans »
    Uganda Loans Fundraising
  • $28,719,850
    Funds lent in using Kiva
  • 2,519.8
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Aganatia to purchase clothes to sell.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 21, 2013
Listed
Apr 19, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014
This photo was used before for a previous loan for Aganatia. It was first posted on Kiva on May, 2012. Learn More