Update on NsubugaNsubuga is a 24-year-old married woman living in Kagadi, Uganda. She decided to set up a salon, where she also sells clothes, after dropping out of school due to lack of school fees. She got the start up capital for her business from her husband. Nsubuga has a personal goal of educating her children to attain minimum qualification degrees. She also hopes to build a permanent house since she is currently living in a rented house. Her business plan is to establish a modern salon. Nsubuga is requesting a loan to buy synthetic hair extensions and weaves to sell in her salon. She used her previous loan to buy clothes and hair extensions to sell.
Previous Loan DetailsNsubuga is a 23-year-old married woman living in Kagadi, Uganda. After dropping out of school due to lack of school fees, she decided to set up a salon. She also sells clothes and she got start up capital from her husband. She has a personal goal of educating her children and building a permanent… More from Nsubuga's previous loan »
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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