Update on ElizabethElizabeth, who acquired a loan amount of UGX 1,000,000, is 36 years old and is a widow. her husband having passed on leaving her with 4 children plus one orphan, Her business is coffee trading in the areas of Ndaragi Kakanju, She started her business in 1990 after her burdens and responsibilities had become too big since she was not used to working for herself.
The loan money will be used to buy some manure to boost her coffee plantation yields as well. She sells coffee to the middle men who sell directly to the factory. She hopes to earn some reasonable income to support her family since she is the source of hope to her children, She is hardworking.
Previous Loan DetailsElizabeth is a widow. She has four children, all of whom are at school. She is a coffee farmer and works eight hours a day for six days a week. She also teaches in a nearby primary(elementary) school. She started her business in 2010 in a village called Ndaragi and her clients are people who b... More from Elizabeth's previous loan »
More information about this loan
This loan is part of UGAFODE's green loan program, giving Ugandan farmers the support they need to grow and process organic fruits and vegetables. Funds will be used to obtain critical resources like processing equipment, mulch and organic seedlings to reduce waste water contamination and improve consumer health. The green loan program also helps clients combat regional problems like deforestation and over-fishing.
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.
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Success!! The loan was 100% repaid
- Repayment Term
- 12 months (Additional Information)
- Repayment Schedule
- Jun 20, 2013
- Jul 12, 2013
- Currency Exchange Loss:
- May 17, 2014
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.