Update on SanobarSanobar is a hardworking woman. She has a great desire to be a successful and a perfect business lady. Her lifetime partner is a kind man, and they have 4 children. They live in the house her husband has succeeded in building thanks to his great dedication.
She is one of the hard working businesswomen in her town. For more than 12 years she has been busy with home products and clothes sales. She knows all aspects of her business very well. Her experiences and skills help her to develop the business and in this way improve their living conditions. She manages her business alone now. She wants to develop it further but her income is small and she needs your help and mercy to buy more inventory for her store.
This is the 13th loan she is requesting from IMON and she feels deeply grateful for the economic support she has received to achieve her goals.
Previous Loan DetailsSanobar is married and has four children. Her son helps her in the business. Together, they try to satisfy residents' demands. Sanobar has her own store. She sells various household goods. Sanobar hopes to obtain this loan and expand her merchandise selection for the upcoming holidays.… More from Sanobar'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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