Update on JanobiddinJanobiddin has been cultivating crops for over 17 years. He is married and has three children. His kind wife and loving children help him with sowing crops and cultivating the land. In addition, he is raising cattle. His business brings him good income and he is trying to expand it. From April through October he was building a house for his son, all building materials were paid for by his net profit. He wants to continue to expand his business in the future. Janobiddin would like to receive a loan to buy cattle to expand his cattle rearing business. He is hoping for your help and is grateful to everyone who is supporting him in this time of need. Thank you!
Previous Loan DetailsSince Janobiddin was very young he has been part of an agriculture business. He has gained a lot of experience in this business as he has always helped out a lot with the cultivation of crops in his home community of Isfara, Tajikistan. Now he is the father of three adult children. Nowadays… More from Janobiddin'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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