Update on KunduzKunduz likes to eat sweets. Eighteen years ago she began her own business selling sweets and biscuits, chocolates, nuts, etc. In the local market she has her own sales venue and a lot of customers. Her colleagues know her as clever and serious. She works hard to develop her business but her income is small. She has six children and a lovely husband. Her children help her with the business. She is asking for a loan to buy goods for developing the business. She awaits your support.
Previous Loan DetailsKunduz A. is 48 years old. She is married with six children. She started her own business 11 years ago because her husband’s salary was not enough for their family expenses. Kunduz is selling confectionery such as candies, cookies, and pastries in the local market.
Kunduz buys her goods… More from Kunduz'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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Success!! The loan was 100% repaid