Update on SadulloSadullo is married and is a beautiful father of five children. His oldest son is working in Russia. Sadullo has a hardworking family. His wife works as a janitor at a school. They make a living from the profit received from buying and selling livestock and meat. Sadullo is also a butcher. He inherited this trade from his father. Sadullo wants to obtain a loan in the sum of 5000 somoni to buy several heads of cattle. He is grateful in advance to all those, who extend a helping hand to him. Thank you!
Previous Loan DetailsD. Sadullo has been selling cattle for more than 17 years. This has helped him move on in his business. He's the father of five children who all need to be fed and provided with the necessary education. One of his main needs is the need to purchase cattle in order to improve his business. For thi... More from Sadullo'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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