Update on MusisiMusisi is a seventy-four-year-old married male; he deals in the agriculture business six days a week and six hours a day in the rural area, plus pension as additional income. Musisi hopes to construct a commercial house, however, pests and diseases are challenges he faces. Musisi is a hardworking man. Musisi want money to buy farm inputs like sprays for his gardens.
Previous Loan DetailsMusisi is a 71-year-old married man with five children living in Kasese, Uganda. He is a farmer, and with the proceeds from this business he has been able to pay school fees for his children and buy more land. He also earns additional income from his monthly pension. Diseases and unpredictable we... More from Musisi'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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This loan has been fully funded!