Update on HamidahThirty five year old Hamidah lives in Hoima Uganda. She sells shoes and earns additional income from farming. She is charged with the responsibility for two children aged 16 and 14, both attend school. Hamidah’s major clients are students and pupils. She hopes to become a famous business lady.
Change in seasons especially when the term closes affect her business.
She is acquiring credit to buy more shoes for sell.
Previous Loan DetailsHamidah is a 34 year-old single mother of two children living in Hioma, Uganda. For eight years she has been selling shoes and this has helped her to support her family. Her major challenge is high taxes and other fees and her dream is to set up a boutique in town. Hamidah needs the loan facil... More from Hamidah'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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