Update on MuhabbatMuhabbat is a smart, goal-oriented woman. She is married and a loving mother of four children. Her husband is an entrepreneur, and, to help him, she started working in retail six years ago. He sells footwear for women, teenagers, and children. She has invested all her funds and energy in this in order to become a successful entrepreneur. She used to sell household goods, but then gradually transitioned into shoe sales. Muhabbat would like to receive a loan of USD$2000 to replenish working capital. She is counting on your assistance and kindness.
Мухаббат хотела бы получить займ в размере 2000$ США для пополнения оборотного
капитала. Она надеется на вашу помощь и доброту.
Previous Loan DetailsN. Muhabbat is 47 years old. She’s married and the loving mother of 4 children. Her husband is an entrepreneur. Muhabbat is sells shoes for women and kids in the local market. She has been in this business for 3 years. Like any mother, she wants her children to have everything they need and dream... More from Muhabbat'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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