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Golibjon

Update on Golibjon

Golibjon is married and has three children, for whom he has always wanted to provide a good quality of life. It’s for this reason that, three years ago, he began his own business -- a cafe. He cooks and sells different kinds of national dishes. Thanks to his good skills, he has managed to gain many customers. Since he’s had his business, his family’s quality of life has been improving. Now his children are able to get a good education, and the financial challenges are being solved, little by little. He is asking for a loan of 8,000 somoni to buy equipment for making ‘shashlik.' With the new equipment, he can cook and sell ‘shashlik,’ which is in great demand among Tajik people. He awaits your support.

Previous Loan Details

Golibjon is a smart and goal-oriented person. He is married and has three adolescent children. Golibjon has been involved in providing public food services for over two years. He owns a cafe. Golibjon leases a space near a technical station. This is a well-traveled area. Golibjon started hi... More from Golibjon'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
  • 283
    View loans »
    Tajikistan Loans Fundraising
  • $28,641,250
    Funds lent in using Kiva
  • 4.8
    Tajikistan Somoni (TJS) = $1 USD
Expired
A loan of $1,700 helped Golibjon to buy equipment for making ‘shashlik’.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 4, 2012
Listed
Oct 31, 2012
Currency Exchange Loss:
Covered
Expired:
Nov 30, 2012
This photo was used before for a previous loan for Golibjon. It was first posted on Kiva on Apr, 2012. Learn More