Update on GulchehraGulchehra is a smart and hardworking woman. She is married and has three children. Her husband is a carpenter, and, in order to help her husband, Gulchehra got involved in sales 18 years ago. She sells fresh vegetables and fruits, such as apples, grapes, pomegranates, cucumbers, tomatoes, etc. This business provides her with a good income. She used her profits to hold a hatnatuy (circumcision) event for her son. Gulchehra wants to expand her business and increase product turnover. She is requesting a loan in the sum of 4000 Somoni for this purchase. She thanks you in advance for your kindness and mercy.
Previous Loan DetailsGulchehra P. is 35 years old and the loving mother of three children of school age. Gulchehra sells fruits and vegetables like apples, apricots, strawberries, bird-cherries, tomatoes, cucumbers and others in the central local market. She has been in this business already for 14 years. Over these ... More from Gulchehra'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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Success!! The loan was 100% repaid