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Simon

Update on Simon

Simon lives in Masindi, Uganda. He operates a transportation business in addition to cutting grass to earn income to cater for his family's needs. Simon used his previous loan to buy a mowing machine and now intends to use this loan to buy land for farming. His dream is to pay for his children's education; however, his challenge is finding customers.

Previous Loan Details

Simon is 44 years old and living in Masindi, Uganda. He is married and charged with a responsibility of looking after four of his children. A good father that he is, his dream is to educate them up to the University. He deals in a business of cutting grass, and his major clients are schools and h... More from Simon'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.

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About Uganda

  • $1,500
    Average annual income
  • 230
    View loans »
    Uganda Loans Fundraising
  • $29,183,825
    Funds lent in using Kiva
  • 2,531.6
    Uganda Shillings (UGX) = $1 USD
Expired
A loan of $800 helped Simon to buy land for farming.
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 22, 2014
Listed
May 31, 2014
Currency Exchange Loss:
Possible
Expired:
Jun 30, 2014