Update on FlaviaHaving benefited from a previous Kiva loan, Flavia is determined to keep focused on permanently changing the lives of her household. Recently she received some goats from a local government-funded agriculture project that is aimed at alleviating poverty. She is dedicating her energy to looking after the goats, as well as stocking more of the local breeds for cross-breeding, so that she will have a better quality breed. The proceeds will help to meet her family needs adequately, and to help her dependents. She is a hard-working and shrewd woman.
Previous Loan DetailsFlavia is a 35-year-old married woman. She has seven children who are between 4 and 17 years old. In addition, she looks after her two nephews who are orphans. Flavia has done agriculture since 2000. She sells coffee seedlings and bananas. From this, she has managed to purchase a piece of la... More from Flavia's previous loan »
More information about this loan
This loan is part of UGAFODE's program for clients who live in isolated rural areas with limited access to financial services. Uniquely, UGAFODE focuses its efforts on agricultural areas in Uganda that are over 50 km from their branches, providing loans to both groups and individual borrowers. The organization believes that the risk of offering services to remote clients is outweighed by the benefits to customers and their often underserved communities.
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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Success!! The loan was 100% repaid