Nabweru Development Group
Update on Nabweru Development GroupPatrick, a member of Nabweru Group, appreciates lenders for the great support rendered to him since his first cycles. He was able to create jobs for two people through the expansion of the project and he was also able to make more income.
However, Patrick wants another loan to further boost his brick-laying business, so as to be able to increase his income base and to continue paying tuition for his dependents, until they finish their studies. He is also grateful to the institution for the job well done.
Previous Loan DetailsPatrick is 28 years old. He is a member of Nabweru Nansana Development group. He is single, however he has a lot of responsibilities taking care of his siblings and the children of his late brother, who passed away three years ago. At the tender age of 16, Patrick started his business of brick... More from Nabweru Development Group's previous loan »
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.
This is a Group Loan
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Success!! The loan was 100% repaid
- Repayment Term
- 10 months (Additional Information)
- Repayment Schedule
- Jan 22, 2014
- Feb 12, 2014
- Currency Exchange Loss:
- Sep 20, 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.