Update on MuhabbatMuhabbat is married and the loving mother of three children. For more than 16 years she has worked buying and selling men's clothing. Her husband works in the Russian Federation, and Muhabbat supports the family and tries to improve their living conditions by herself. Her business is solid, and her daily revenue is about 350-400 somoni. She buys goods at a nearby market. She is trying to expand her business to make a decent profit and to give her children secondary and higher education. To fulfill her dream, she is appealing to you for a loan to purchase goods for resale. She looks forward to your support and kindness.
Previous Loan DetailsMuhabbat I. is 38 years old. She is married with three children. Muhabbat sells clothing for kids and many other small things. She started her business 15 years ago. At that time her husband-entrepreneur supported Muhabbat, providing the funds for start-up. Gradually, the business of Muhabbat… 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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