Update on IkromjonIkrom is married and is a loving father of four children. His wife is a homemaker and looks after the children. Ikrom wants to provide a good quality of life for his family and improve his living conditions. He is involved in buying and selling cattle and small livestock. He has been in this business for over 20 years and always tried to expand his business. Ikrom wants to obtain a loan for the purchase of livestock with the goal of expanding his business and obtaining a maximum profit.
Previous Loan DetailsSince 2004 S. Ikromjon has been a livestock farmer. He breeds sheep and cattle. He is married and he has 3 children for whom he needs to support and give a proper education. Ikromjon has improved his financial situation considering that his father is also cattle breeder and from his childhood he ... More from Ikromjon'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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