Update on WilsonWilson is a forty-eight-year-old married man, living in Kasese, Uganda, with eight children. He has been in the restaurant business for thirty-two years. He also practices farming for extra income.
Wilson started his business to pay school fees for his children. Wilson hopes to educate his children to higher levels, however, competition and high license fees are challenges being faced, so Wilson is in need of a loan to pay school fees for his children.
Previous Loan DetailsWilson is a 49-year-old married man with four children living in Kasese, Uganda. Ten years ago he decided to set up a retail shop in order to supplement his farming activities, which are seasonal and unpredictable. Price fluctuations and unpredictable weather changes affect his projected profit... More from Wilson'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.
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