Update on RahimdjonRahimdjon is a decent and honest person. He has worked in the cattle sales business for more than 20 years. This business provides him with a steady income with which he supports his family. His family helps by caring for the cattle and fattening them. Currently he has 2 heads of bulls at home. After fattening them, he sells them to local butchers. Rahimdjon wants to increase the number of bulls to expand his business. To this end, he is requesting a loan for 9,000 somoni. He looks forward to your assistance and thanks you all in advance.
Previous Loan DetailsRahimdjon R. is a hard-working man. Over the years, he has been focused on strengthening the family business - cattle sales - so he can provide for his children. With the experience he has gained over the last 15 years in business, he has been able to grow his business and bring stability to his ... More from Rahimdjon'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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