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Anvarjon

Update on Anvarjon

Anvarjon 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 Details

Anvarjon 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… More from Anvarjon'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

  • $1,388
    Average annual income
  • 193
    View loans »
    Tajikistan Loans Fundraising
  • $27,698,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Anvarjon to buy musical instruments.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 7, 2012
Listed
Aug 24, 2012
Currency Exchange Loss:
N/A
Ended:
Dec 20, 2013
This photo was used before for a previous loan for Anvarjon. It was first posted on Kiva on May, 2011. Learn More