Update on LayliLayli is an owner of developing business. She sells beautiful fabrics used for sewing national women dresses. In the local market she has selling place. Layli’s goods have a lot of consumers because she sells beautiful and high quality fabrics with a cheaper price. Nowadays she has widened assortment of selling goods. She is married to a taxi driver and they have 4 children. Layli is kind and hard-working woman. All of the members of her family love her very much. Layli’s aim is to buy new fabrics for sewing national women dresses to sell.
Previous Loan DetailsLayli M. is 40 years old, married and the mother of four children. Layli's lack of a stable job and the slow productivity of her husband's business as an independent taxi driver doesn't leave enough money to pay the expenses of the home and of her little daughter. This was the reason that Layli d... More from Layli'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