Update on TukhtaTukhta was born in an educated and intellectual family. She has worked with selling dry fruits, more precisely dried apricots, for many years. Currently her husband is immigrating to the Russian Federation, and therefore the burden of caring for the three children and the family economy lies on her shoulders.
Tukhta has already been buying and selling dried apricots for 12 years. At the start of every year she rents an apricot orchard with many trees. She dries and treats the apricots together with her children and sells them at a high price. Last year, she spent more than half of the income on conducting and organizing weddings for her children. Now she is experiencing some difficulties with funding.
Tukhta would like to receive a loan in order to buy apricot trees. She needs the harvest, as she has to feed her children.
Previous Loan DetailsT. Tukhta is 48 years old. She is married and uses all the money she makes to care for her three children and provide for their education. Tukhta has an experience of seven years preparing and selling dried apricots. She always makes very productive use of her capital, adding inventory to her ... More from Tukhta'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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