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Agnes

Update on Agnes

Agnes is thankful to the Kiva lenders for the partnership and continuous support in lending to her loans. They are doing a tremendous work because her children are able to go about their studies without interruption, since she can always pay the loans back in small affordable installments. She will use this loan to pay for tuition of her two daughters in secondary school. She is an honest and loyal customer.

Previous Loan Details

Agnes and her family are forever grateful for how far the UGAFODE Micro finance has brought them. One of the daughters is awaiting her high school exams, and the other two are still in secondary school. The loan will help her pay tuition for her two daughters and buy their scholastic materials. T... More from Agnes'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
  • 230
    View loans »
    Uganda Loans Fundraising
  • $29,081,275
    Funds lent in using Kiva
  • 2,602.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Agnes to pay school fees.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 22, 2013
Listed
May 26, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 20, 2013
This photo was used before for a previous loan for Agnes. It was first posted on Kiva on Mar, 2013. Learn More