Update on IsmoilIsmoil has been fattening cattle for more than five years. He is married and the responsible father of four children. Ismoil is a business owner and has a wealth of experience. He started his business by selling crops, then gradually moved on to selling cattle. With the profits already earned, Ismoil has built a barn. He would now like to acquire a few more head of cattle. To this end, he is requesting a loan in the amount of 4,500 Somoni (TJS). Ismoil wants to buy cattle. He looks forward to your help and thanks you in advance for your support.
Previous Loan DetailsA. Ismoil is a very responsible and optimistic person, and he has four children and a wife whom he has to support. Ismoil wishes to develop his business. This business consists of raising cattle in his village because there is a very high demand for milk from villagers and especially from custome... More from Ismoil'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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