Update on KunduzKunduz is 52 years old, married, and has in her care 4 children all of whom have reached the age of majority. Kunduz is a very hard-working person and has over 18 years of entrepreneurial experience. She makes preserves by purchasing fresh vegetables and pickling them. Kunduz has her regular customers such as owners of restaurants and diners. She takes care of her business on her own as her husband works as a driver and is unable to assist her financially. Kunduz is requesting a loan of 3000 somoni to purchase vegetables for pickling. She is counting on you and your kindness.
Previous Loan DetailsKunduz is married, has three children, and devotes her time to selling salads. Her husband works as an independent welder but does not earn enough to pay for household expenses or for their children's education. That's why she decided to help him by opening her business, which she started twelve ... More from Kunduz'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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