Update on IsaIsa is a hardworking and conscientious person. He is raising seven children and has a large family. He has been involved in growing and selling agricultural crops for over three years. He is the owner of this business and started it with buying and selling small livestock and cattle. Then, he gradually became involved in growing corn and wheat. Then, Isa expanded various types of agricultural crops, such as corn, wheat, watermelons, cantaloupe and peanuts. Currently, he has a dekhan farm. Isa is requesting this loan to buy mineral fertilizers, fuel and to pay for his employees' work. Also, he wants to use the rest of the money to buy cattle.
Previous Loan DetailsIsa B. is a farmer, which is how he supports his family which consists of his wife and 7 children. With great sacrifice he has been able to be successful and has supported himself with the loans he has received from IMON. In spite of the economic challenges that Isa has encountered, he ... More from Isa'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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Success!! The loan was 100% repaid