Update on AnvarjonAnvarjon is 31 years old. He is married and has a son to whom he has always wanted to provide a good quality of life. It’s for this reason that he, ten years ago, began own business as a musician and singer. He is one of the best musicians of his town. Every one who listen his music enjoys from it. He has managed to gain many customers. He also earns additional income from animal husbandry. Since he’s had his business, his family’s quality of life has been improving; now his son is able to get a good education and his financial challenges are being solved little by little. He is asking for a loan to buy musical instruments to improve his business.
In this way his business will have the opportunity to provide a better service and to increase his income, which allowed him to offer his son and wife a better quality of life and better financial opportunities for getting ahead.
Previous Loan DetailsAnvarjon is married and the young father of one son. He is a singer, he has a band and plays at traditional weddings and other events in his region. His group is very popular in his region and he has many orders for different events. Each performance depends on different occasions and makes g... More from Anvarjon'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
- 26 months (Additional Information)
- Repayment Schedule
- Aug 7, 2012
- Aug 24, 2012
- Currency Exchange Loss:
- Dec 20, 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.