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Colleb

Update on Colleb

Colleb has always counted on Ugafode to help with his tuition needs for his children. This being back-to-school season, Colleb is back to get a loan to pay for his children's tuition. He thanks the Kiva lenders for playing a big role in educating his children. He is very hard working and honest and he has maintained a strong bond with Ugafode because he repays his loans well.

Previous Loan Details

Colleb is a repeat client of over ten cycles with a group and seven school fees loans. He is married with ten children, eight of whom are in school. This being back to school time, Colleb wants a loan to pay tuition for his children. They are going back to school this week, and the school cannot ... More from Colleb's previous loan »

Additional Information

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.

About Uganda

  • $1,500
    Average annual income
  • 382
    View loans »
    Uganda Loans Fundraising
  • $30,352,075
    Funds lent in using Kiva
  • 2,531.6
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Colleb to pay tuition for his children.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2014
Listed
May 27, 2014
Currency Exchange Loss:
Possible
Ended:
Sep 20, 2014
This photo was used before for a previous loan for Colleb. It was first posted on Kiva on Feb, 2014. Learn More