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Saidodkhom

Update on Saidodkhom

Saidodkhon is from Tajikistan. It is a country where one can disconnect from the noise and appreciate the beauty of nature through its stunning scenery. Saidodkhon loves his country. He is 52 years old and is married with four children. To make a living, he sells food items in the local market. He has been engaged in his business for six years and earns little money for these activities. Saidodkhon works around 10 hours a day. He enjoys his work and believes it is going well because he always loves what he does. He is requesting a loan of 3,000 USD which will be used to buy more food items to sell. He plans to use the additional revenue generated from the business to improve the general living conditions of his family.

Previous Loan Details

Saidodkhom is married and has 4 children. His family lives in Kumsangir, Tajikistan. Saidodkhom is a small entrepreneur and an owner of a grocery store, selling food items in his home town. His store is well known in his community for the variety of inventory and his reasonably priced, quality go... More from Saidodkhom's previous loan »

Additional Information

About IMON International

IMON 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.

About Tajikistan

  • $2,700
    Average annual income
  • 163
    View loans »
    Tajikistan Loans Fundraising
  • $29,362,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $3,000 helped Saidodkhom to purchase more food to increase his range of goods for sale.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 6, 2012
Listed
Aug 11, 2012
Currency Exchange Loss:
N/A
Expired:
Sep 10, 2012
This photo was used before for a previous loan for Saidodkhom. It was first posted on Kiva on Jan, 2011. Learn More