Update on JaneAnnet is 30 years old, married and the mother of four children, all of whom go to school, She lives in Kasese, Uganda, where she sells clothing in the main market. She works seven days a week for eleven hours a day, and also farms to earn additional money. She began her business to generate income and improve her family's standard of living. Her goal for the future is to buy land for farming even though her capital is limited. She is requesting a loan to buy more clothes to sell.
Previous Loan DetailsJane is a thirty-five-year-old married woman with four children living in Kasese, Uganda. She sells clothes and also practices farming in order to raise money to support her family. Ever-changing customer preferences and inadequate capital affect her business growth while her dream is to own a… More from Jane'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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