Update on NzerenaNzerena is an honest married Ugandan woman living in Kagadi. She used the previous loan to buy maize to sell. She has been selling produce and fish, and used proceeds from that business to start up a small bar. She hopes to grow her business despite challenges like poor roads.
Nzerena is requesting a loan to buy maize and coffee for resale.
Previous Loan DetailsNzerena is a 37-year-old woman with five children, ages 17, 15, 13, 11 and 8, living in Kagadi, Uganda. She owns a produce store where she sells maize, cassava and groundnuts. She has been in this business for four years and supplements her earning with income from fish sales. She plans to bu... More from Nzerena'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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