Update on FlorenceFlorence is a 44-year-old, married woman. She has two children, one of them attending school. Florence sells crude salt, which she has been doing for 10 years, plus she manages rental units for additional income. She began her business to earn money for school fees, to educate her children to meet her dream. Florence is a hard-working person. Change in weather is a challenge she faces.
Florence is asking for a loan to buy salt to sell.
Previous Loan DetailsFlorence is a 41-year-old married lady with four children. She lives in Kasese, Uganda. Florence's personal goal is to educate her children and build a permanent house. She has been in salt trading for 12 years, after starting on a small scale with $500. Her major hardships are customers not paying… More from Florence'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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