Update on NasonNason is a 33-year-old married man with eight children living in Kasese, Uganda.
He has been in the retail business for fourteen years, and has been farming as additional income. He started his business to become rich and to provide for his family.
He hopes to expand his business and educate his children to higher levels. He is acquiring a loan to buy soap, cooking oil, and salt to sell.
Previous Loan DetailsNason is a 32-year-old married man with eight children living in Kasese, Uganda. He has been in the retail business for thirteen years, and has been farming as additional income. He started his business to become rich and to provide for his family. He hopes to expand business and educate his… More from Nason'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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This loan has been fully funded!