Update on OzodjonOzodjon is a man with an open soul and a kind heart. He has dedicated his life to his family. Ozodjon is married and has three children. His eldest daughter is an adult but the other tow are still teenagers. Ozodjon's wife Inobat works as a seamstress and so helps his husband raise the children. A couple of years ago Ozodjon has startes a cattle business. He also grows tomatoes, cucumbers and rice on his farm. Ozodjon needs to increase the family's income because his children are growing and need more money. He is taking out this loan of 5000 somoni to purchase a milk cow. He promises to repay the loan on time. Ozodjon has been a client with IMON before and has a good credit history. He hopes for your kindess.
Previous Loan DetailsK. Ozodjon is a 43-year-old married man with three children. He is a hard-working man who, while continuing to work another job, started his own business as a source of additional income and savings in case of unemployment. He knew many people who purchased cattle, and this motivated him to start... More from Ozodjon's previous loan »
More information about this loan
This loan is part of IMON's effort to expand financial access to rural populations through 16 offices located far from regional centers or main towns. By funding this loan, you are enabling rural populations to gain better financial skills, develop businesses and improve their lives.
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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