Update on NuridinNuridin is a clever man with high degree. He is a doctor and has good skills as a doctor. He likes his profession very much but his income doesn’t enough for improving his living. That’s why 17 years ago he began own business deal. He is busy with growing of potatoes and wheat. Also he has additional income from animal husbandry. He has a big and friendly family. His wife and children help him in business. He wants to develop business but his income doesn’t enough for it. He is asking a loan to buy seeds and mineral fertilizers. He waits your help and support.
Previous Loan DetailsNuridin is 38 years old, married and has two children. He has been farming and raising livestock for sale for more then 17 years. Currently Nuridin has two cows and also grows potatoes and wheat. His wife helps him with the farm. Nuridin wants to increase his profits so he uses a portion of the i... More from Nuridin'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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