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Ahmadbek

Update on Ahmadbek

Ahmadbek lives far from the city, in a rural area, and this is his third time obtaining financing from IMON. He is an honest and decent person, and this is why he has a good credit history. He used his previous loans for developing his business. He has been involved in this business for over 8 years and has a lot of experience in animal husbandry. He knows all of the nuances of his business and is respected by all of his clients, and other businessmen know him as a strong competitor. Ahmadbek, as a caring father of two children and a loving husband, works hard to provide for his family. He has an additional income from farming. He primarily grows potatoes, wheat and barley. Ahmadbek wants to develop his business further because he needs money. His children grew up and require more comforts. He is requesting a loan in the amount of 15,000 somoni to buy livestock for increasing his working capital. He awaits your kindness and hopes for your charity. This loan will help him to increase his income and, thus, bring well-being and happiness to his family.
View original language description ↓
Ахмадбек живет далеко от города в сельской местности и кредитуется уже 3 цикл в ИМОН. Он честный и порядочный человек и поэтому имеет хорошую кредитную историю. Он использовал предыдущие займы для развития бизнеса. Он более 8 лет занимается этим бизнесом и имеет большого опыта по скотоводству. Он знает все тонкости своего бизнеса и его уважают все его клиенты, а другие бизнесмены знают его как сильного соперника. Ахмадбек как заботливый отец 2 детей и любимый муж трудится упорно для обеспечения своей семьи. Он имеет дополнительный доход от земледелия. В основном он выращивает картошку, пшеницу и ячмень. Ахмадбек хочет развевать бизнес дальше, так как он нуждается в деньгах. Его дети выросли и требуют всё больше благ. Он запрашивает займ на сумму 15000 сомони для покупки скота для увеличения оборотного капитала. Он ждет вашу доброту и надеется на вашу благотворительность. Этот займ поможет ему увеличить доход и таким образом принесет благополучие и радость в его семье.

Previous Loan Details

K. Ahmadbek is 44 years old, married, and has two children. He grows wheat and potato and sells them in the market for income. He has been in the farming business for almost six years and has gained much experience. Ahmadbek has a large family which includes his parents. He works almost everyday ... More from Ahmadbek's previous loan »

Additional Information

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 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
  • 150
    View loans »
    Tajikistan Loans Fundraising
  • $29,330,250
    Funds lent in using Kiva
  • 4.8
    Tajikistan Somoni (TJS) = $1 USD

Success!! The loan was 100% repaid

A loan of $3,150 helped Ahmadbek to buy livestock for increasing his working capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jul 2, 2013
Listed
Jul 11, 2013
Currency Exchange Loss:
Covered
Ended:
Jun 17, 2014