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Eliphaz

Update on Eliphaz

Eliphaz is a 44-year-old married male with fifteen children; six attendschool.

Eliphaz operates a retail shop and has been in business for 14 years. He also has a video hall to show films and rears animals for additional income.

Eliphaz intends to use the loan to buy soda, beer, salt, sugar, and rice to sell. Eliphaz is hard working however, fluctuating prices and high rental costs are challenges that he faces.

Previous Loan Details

Eliphaz is a 43-year-old married man with fifteen children living in Kasese, Uganda. He has been operating a retail shop for thirteen years, and he started the business in order to supplement his farming activities, which are seasonal and highly affected by unpredictable weather changes. A goo... More from Eliphaz'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.

Tags

About Uganda

  • $1,500
    Average annual income
  • 222
    View loans »
    Uganda Loans Fundraising
  • $29,088,225
    Funds lent in using Kiva
  • 2,538.1
    Uganda Shillings (UGX) = $1 USD
Expired
A loan of $1,200 helped Eliphaz to buy soda, beer, salt, sugar, and rice to sell.
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 15, 2014
Listed
May 30, 2014
Currency Exchange Loss:
Possible
Expired:
Jun 29, 2014