Update on SuhrobSuhrob is married and a loving father of two children. He is a young, active and intelligent man. He began buying and selling fodder for livestock and animal fattening so he can take care of his wife and children. He has a store in the central market in town. He has three heads of cattle in stock. He buys the fodder four times a month from farmers in rural areas. Suhrob would like to take out a loan in the amount of USD$2,000 to purchase fodder for livestock with the purpose of increasing the circulation of goods.
Previous Loan DetailsY. Suhrob is 21 years old. He has a successful business selling flour at the local market in Khujand town. Suhrob sells an assortment of good quality flour. Because he buys the flour wholesale, his prices are cheaper than his competitors. Thus he has many customers who will even make a purchase o... More from Suhrob'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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