Update on ManuchekhrManuchekhr is 22 years old. He is an energetic and pleasant young man. Manuchekhr graduated from high school with excellent grades and enrolled at the Tajik State University of Commerce. Among his classmates, Manuchekhr has a good status and respect. He received a scholarship and loves to read foreign literature. In his spare time, he likes to play sports. Manuchekhr is unmarried and lives with his parents.
His parents' salary is not enough to cover his studies at the university and therefore he is requesting a loan of $650. He is a good customer and has a good credit history. He looks forward to your kindness. Let's help him become a good specialist, and thus to achieve his cherished dream!
Previous Loan DetailsManuchekhr is 21 years old and single. He was born in October of 1990 into a military family. He started school in 1997 and successfully graduated from it in 2008. Manuchekhr was accepted to the finances and credit division of Tajik State Commerce University in 2008. Currently, he is in his… More from Manuchekhr's previous loan »
More information about this loan
This loan is part of IMON's education program, designed to finance school tuition for students whose families have low incomes or work in informal sectors of the economy. Funds can be used for partial or complete payment of expenses related to higher education. By supporting this loan, you're enabling access to education for students with limited options.
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
- 14 months (Additional Information)
- Repayment Schedule
- Oct 23, 2012
- Oct 26, 2012
- Currency Exchange Loss:
- Oct 21, 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.