Check out some available loans that are similar to this one!
Jackson

Update on Jackson

Jackson is a 46-year-old married man with ten children. He lives in Kasese, Uganda. After realizing that farming alone could not meet the day to day needs of his family, he decided to set up a retail shop and, also, to sell bananas. Jackson is requesting a loan to buy sugar, soap, salt and flasks to sell.

Like all good fathers, he dreams of educating his children through college and setting up sustainable, income-generating activities for them. High license fees and inadequate capital to meet demand are his major challenges. He dreams of having a wholesale shop.

Previous Loan Details

Jackson is a 46-year-old married man with ten children living in Kasese, Uganda. After realizing that farming alone could not meet the day to day needs of his family he decided to set up a retail shop and also sells bananas as additional income. Like all good fathers, he dreams of educating his c... More from Jackson'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
  • 312
    View loans »
    Uganda Loans Fundraising
  • $30,637,850
    Funds lent in using Kiva
  • 2,597.6
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Jackson to buy sugar, soap, salt and flasks to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 17, 2013
Listed
Jun 29, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 23, 2014