Update on JaneJane is a 44-year-old married woman with five children, four of whom are attending school. Jane sells secondhand clothes at a busy center, working 6 days a week and 6 hours a day. She also farms for additional income. Jane began her business to develop her family. She is challenged by competition and high rental costs but her dream is to finish her commercial house. Jane is asking for a loan to buy clothes to sell.
Previous Loan DetailsJane is a forty-two-year-old married woman with eight children living in Kasese, Uganda. For ten years now, she has been selling clothes as well as farming to supplement her earnings.She says that business is usually good during festive seasons and when students have broken off for holidays. Howe... More from Jane'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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