Update on AgnesAgnes is a hardworking woman with four children. She lives in Fort Portal, Uganda. Her main businesses are growing crops and buying and selling produce, which she has been doing for three years. She started this business with a vision of increasing her income. She faces the challenge of limited capital.
Agnes is requesting another loan, which she will use to buy produce to sell. She intends to educate her children to higher levels of learning.
Previous Loan DetailsAgnes is a 30-year-old hardworking woman with four children. She lives in Fort Portal, Uganda. Alice is a farmer but also has a retail shop to supplement her farming activities since farming is seasonal with unpredictable outputs. Her major business challenges include inadequate capital and price… More from Agnes'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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