Update on AshrafkhonAshrafkhon is a very successful business man. He has run his own business for more than 13 years. At first he raised animals, but then he became a butcher. Now, he is one of the best local business men. He sells beef and mutton in his own stall in the market.
His friends know him as smart, decent and determined. Ashrafkhon has a large family. He must support his wife and his three children with all the modern conveniences. He is asking for a loan to buy cattle for developing his business. He awaits your support.
Previous Loan DetailsAshrafkhon is a conscientious and honest person. He is a butcher and is also involved in buying and selling livestock. He is married and is a loving father of three children. Ashrafkhon has been involved in buying and selling livestock for over 12 years. He tries to provide good living… More from Ashrafkhon'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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