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Mukhfuza

Update on Mukhfuza

Mukhfuza is 45 years old. She is a hard-working woman with a great desire to get ahead. Mamajan is her partner. They have 1 child and they love him very much. They live together in a big house.

She sells a variety of fabrics for women's dresses. She stores her merchandise in a local market in her town. She makes periodic trips to accomplish her goal. She began working this way over 5 years ago because she needed to earn money. Currently, her partner helps her to purchase her merchandise. As a result of the good results she is having, she wishes to increase her business by selling new seasonable cloth. She is asking for a loan of 4000 TJS to buy fabrics for the new season.

This is her fourth loan with Imon International organization, and she is grateful for its financial support in helping her to realize her plans. She awaits your support.

Previous Loan Details

Mukhfuza is married and is a loving mother of one child. Her husband is a worker. She is involved in buying and selling fabrics at the local market. She sells a wide variety of fabrics and has many loyal customers. Mukhfuza wants to expand her business and add to her revolving capital. She i... More from Mukhfuza'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
  • 206
    View loans »
    Tajikistan Loans Fundraising
  • $29,700,275
    Funds lent in using Kiva
  • 4.8
    Tajikistan Somoni (TJS) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Mukhfuza to buy a new assortment of fabrics.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 3, 2012
Listed
Aug 11, 2012
Currency Exchange Loss:
Covered
Ended:
May 17, 2013
This photo was used before for a previous loan for Mukhfuza. It was first posted on Kiva on Oct, 2011. Learn More