Update on RehemaRehema used the previous loan to buy baby items and has applied for another one to buy the same products. Her personal goal is to build a permanent home despite the hardships she faces of seasonal weather and inadequate capital to purchase stock. She has a vision of expanding her business to new markets by setting up different outlets.
Previous Loan DetailsRehema is a 28-year-old woman and she owns a house in Kasese, Uganda. She has been selling baby items for five years and she generated her initial capital to start her current business from her previous job as a teacher. Her challenge is bad debtors and her vision is owning a baby center.... More from Rehema's previous loan »
Important InformationThis loan provides farmers and low-income entrepreneurs from underserved rural areas with access to financial services. By supporting this loan, you allow more farmers and rural entrepreneurs to access capital.
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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