Update on EshnazarEshnazar is a hardworking and goal-oriented person. He is married and has six children, two of whom are adolescent. He has been involved in buying and selling livestock successfully for 11 years. His wife is involved in household work, and the older children help with the business. Eshnazar is requesting this loan to buy livestock in order to increase his working capital.
Previous Loan DetailsEshnazar lives in Shahrituz, Tajikistan. He has five children. He and his oldest son breed cattle. He has been in this business for ten years. Eshnazar and his son work very hard because they want to make a good profit. During the month they visit the market four times to buy cattle. They feed th... More from Eshnazar'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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