Update on EvelyneEvelyne is a Ugandan married with four children .She used the previous loan to buy general merchandise such as salt and sugar to sell.To supplement her husbands earnings,she has used the proceeds from her business she has to start up rentals. Evelyne is faced with a challenge of price fluctuations of her products but is determined to meet her dream of completing the rentals and taking her children to university. She needs another loan to to buy general merchandise such as bread,sugar and salt to sell.
Previous Loan DetailsEvelyne lives in Masindi, Uganda .She is married and charged with the responsibility of looking after four of her children. She operates a retail shop and also has rental houses where she earns extra income. She ventured into business after realizing that her husband's wages could not meet the fa... More from Evelyne'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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Success!! The loan was 100% repaid