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Rachabgul

Update on Rachabgul

Rachabgul lives together with her parents and sister. Her sister does sales. During the difficult days her sister helped Rachabgul start her own business. At this time she continues doing it. She is taking out the loan to buy new kinds of fabrics.
View original language description ↓
Рачабгул живет вместе с родителями и сестрой. Ее сестра занимается торговлей. В трудные дни ее сестра помогла ей заняться своим бизнесом. На сегодняшний она продолжает свою деятельность. Она берет кредит для покупки новых видов тканей.

Previous Loan Details

Rachabgul A. lives in the Hamadoni district. She is 55 years old, a widow and has 5 children. Rachabgul has been involved in sales for over 6 years. She sells traditional fabrics at a market. Of course, her children help her with the business. Her oldest son works in Russia. The client is r... More from Rachabgul's previous loan »

Additional Information

About MLO Humo and Partners

MLO Humo and Partners is a microfinance institution in Tajikistan that aims to support vulnerable and underserved populations living in rural areas through financial and consulting services for small businesses. Kiva loans are used by groups and individual borrowers to start and grow businesses and build brighter futures for themselves, their families and their communities. This is especially important in Tajikistan, the poorest country in Central Asia, where more than two-thirds of the population lives below the poverty line.

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.

About Tajikistan

  • $1,388
    Average annual income
  • 296
    View loans »
    Tajikistan Loans Fundraising
  • $28,691,050
    Funds lent in using Kiva
  • 4.8
    Tajikistan Somoni (TJS) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,600 helped Rachabgul to buy new kinds of fabrics.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 20, 2012
Listed
Feb 14, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 20, 2012