Update on MuborakMuborak has a cafe in the school of her village. She started it 10 years ago because she needed to work and take care of her 4 children, because her husband has a small salary.
After organizing her business, the quality of her family's living conditions became better. She takes cares of the business alone. She cooks food and sells it to pupils and teachers at the school. Her working day starts at dawn when she goes to buy the ingredients and continues throughout the day. She has additional income from animal husbandry.
She is asking for a loan of 6000 TJS to buy food products for her café. She awaits your support.
Previous Loan DetailsY. Muborak is 48 years old. She is married and has four children. Muborak is running a little catering business where she provides traditional dishes. She’s renting a catering room which is located in a school which allows Muborak to have many customers, the majority of whom are school-children. ... More from Muborak'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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