Update on LutfiyaLutfiya is a hardworking person. She is a widow and has two sons.
After her husband's death she had a very difficult living condition. She worked hard to comfort her little children with all necessary things. Little by little with the passing of the time she has perfected her knowledge, and now she has been busy with animal husbandry for more than 11 years.
Thanks to the good condition of her animals, she has managed to win a large quantity of customers for her business. She sells her animals in the local market and has many customers.
Lutfiya is looking for a loan to buy young cattle. In this way she will be able to offer her customers good animals and continue to make financial progress, providing her household with good earnings. Moreover, in this way she will be able to offer her son access to a better quality education and a financial stability that will allow him to progress.
She is asking for a loan of 10,000 TJS to buy young cattle for developing the business further. Each month she will make her payments on time. She awaits your help and mercy.
Previous Loan DetailsFor more than 10 years, Lutfiya has owned her animal husbandry business. She is the sole breadwinner for her family because she is widow. She has two sons and they are smart and persistent. They help Lutfiya in her business. Lutfiya and her sons buy livestock, take care of them, and sell them to ... More from Lutfiya'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
- Repayment Term
- 14 months (Additional Information)
- Repayment Schedule
- Aug 2, 2012
- Aug 10, 2012
- Currency Exchange Loss:
- Aug 17, 2013
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.