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Gufronboy

Update on Gufronboy

Gufronboy is 29 years old. He is married and has four children. He always tries to provide his children with good living conditions. With the aim to get a good profit, he began his own animal husbandry business 10 years ago. He also grows vegetables, such as carrots, onions, etc. Now, he is one of the best and successful business men in the local market. He sells vegetables and cattle and has a lot of customers. He wants to buy more cattle for developing the business, but he has not money for it. He is asking for a loan of 4000 somoni to buy cattle. He awaits your support.

Previous Loan Details

N. Gufronboy has been dedicated to the business of cattle ranching for the last six years. This business requires a lot of dedication due to the fact that it demands a lot of effort to carry out the breeding. This is also true since it requires the strict control of every one of the animals and, ... More from Gufronboy'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

  • $2,700
    Average annual income
  • 159
    View loans »
    Tajikistan Loans Fundraising
  • $29,347,350
    Funds lent in using Kiva
  • 4.8
    Tajikistan Somoni (TJS) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Gufronboy to buy more cattle.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 8, 2012
Listed
Nov 15, 2012
Currency Exchange Loss:
Covered
Ended:
May 17, 2013