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Makhmasharif

Update on Makhmasharif

Makhmasharif is a hard working and kind man and a father of five children. His wife is a home maker. Makhmasharif has been selling groceries and sweets from his own store for more then eight years. He purchases the sweets at whole sale prices from the candy factory "Shirinihoi sharki" and his son helps him with the store. Makhmasharif wants to take out a loan to purchase a batch of groceries and sweets wholesale to expand his inventory. He hopes for your help and kindess.
View original language description ↓
Махмадшариф трудолюбивый и добрый человек, на воспитании имеет пятерых детей. Жена занимается домохозяйством. Более 8 лет он занимается купле- продажей продуктов питания и кондитерских изделий. Кондитерские изделия приобретает по оптовым ценам в кондитерском цеху «Ширинихои шарки». В бизнесе помогает его любящий сын. Махмадшариф хотел бы получить займ для покупки продуктов питания с целью расширения бизнеса. Он надеется на вашу помощь и доброту.

Previous Loan Details

Makhmasharif is married and the father of five children. He is a hard-working man. He has been running his business selling foods for seven years. He sells eggs, cakes, sweets and other daily products. Makhmasharif purchases his goods from the firms “Shirinohoi sharki” and “Shirin” from Khujand c... More from Makhmasharif's previous loan »

Additional Information

About IMON International

IMON 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.

About Tajikistan

  • $2,700
    Average annual income
  • 155
    View loans »
    Tajikistan Loans Fundraising
  • $29,656,600
    Funds lent in using Kiva
  • 4.8
    Tajikistan Somoni (TJS) = $1 USD
Expired
A loan of $1,475 helped Makhmasharif to purchase groceries for resale.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 1, 2012
Listed
Jun 22, 2012
Currency Exchange Loss:
Covered
Expired:
Jul 22, 2012