Update on KarimjonKarimjon is married and is a loving father of three children. He is a smart and goal-oriented person. Karimjon wants to supply his family with a good quality of life and provide them with everything that they want. With this goal in mind, he became involved in offering taxi services 8 years ago and successfully continues his business today. His wife is involved in sewing clothing and helps her husband with adding to the family budget. Karimjon wants to obtain a loan to buy a new car. He thanks all creditors in advance for the support and kindness.
Previous Loan DetailsKarimjon is married with two children. He lives in Khujand and works as a taxi driver. He has been in this business for 7 years. One of the most outstanding characteristics of his venture has been its stability and consistent growth. Karimjon is requesting a loan of $1,500 USD to cover expenses c... More from Karimjon's previous loan »
About IMON InternationalIMON International (IMON) is a micro-deposit organization in Tajikistan that provides entrepreneurs with access to high quality financial products and services, including business loans, agriculture loans, consumer loans and micro-leases. Aiming to alleviate poverty, the organization helps unbanked individuals establish businesses in different sectors, including manufacturing, agriculture and service. Kiva lenders’ funds will help the organization to expand its outreach to even more entrepreneurs, farmers and traders in Tajikistan.
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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