Update on HasanHasan has a huge heart and a good soul. He is a "person with a capital P" and therefore has the respect of many people. He is 45 years old. He is married and has three children. Hasan is trying to keep his family living with abundance, and with this goal he began his own business 19 years ago manufacturing and selling windows and doors.
He is a master woordworker with "golden hands" and manufactures high quality and beautiful windows and doors in a modern design style. Thanks to excellent service, he has a wide range of customers. Hasan copes the business on his own, as none of the family members helps him in the business. His products are sold mainly in the north of Tajikistan, and the quality of the work never disappoints.
Since the last time, there is more demand for his products. He wants to develop the business, that is to manufacture more windows and doors. He is requesting a loan of 5,000 Somoni to buy wood.
He is a repeat customer and has a good credit history. He promises to repay his loan on time. This loan will help him to get more income and to improve living conditions and thus bring peace and joy to his family.
Previous Loan DetailsHasan R. is 41 years old. He and his wife, who is a housewife, are raising three children. For more than 15 years, Hasan has been repairing furniture. At the same time he is involved in producing office furniture for sale. Over these years, Hasan has become a real expert in his business. Since… More from Hasan'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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