Update on UbaidulloUbaydullo begins every day with new emotion. He is a person who has perfect ideas and is full of positive energy. He is very sociable and that is why his business has been developing year on year. For more than 12 years Ubaydullo has been a successful business man and has been busy with animal husbandry. He buys cattle, cares for them and then sells them to local people at a low price. He has lots of customers, many of whom are butchers. He does his work perfectly and that’s why his customers enjoy working with him.
Ubaydullo has a lovely wife and four sons. His elder son is married and has a little child. Ubaydullo loves his grandchild very much. He must comfort his family with all modern conveniences and he needs your help for it. He is asking for a loan to buy young cattle for developing his business. He awaits your support.
Previous Loan DetailsUbaidullo is a farmer. He is married and the father of four children. Since 1999 Ubaidullo has been running a cattle sales business and he has had a good business experience. From the market in the villages he purchases cattle and he feeds them, then sells in the local market. Ubaidullo is… More from Ubaidullo'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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