Update on FarogatFarogat is a smart woman. She obtained a higher education thanks to her parents. She is grateful to her parents. Farogat works as a Russian-language teacher at a secondary school. Farogat has a lot of experience in the educational field. Farogat is married and raising two children. She always dreamed that her children would be educated people too. One of the children got accepted to a university in the capital of Tajikistan this year. Farogat has to pay for the tuition contract and also for an apartment lease, where the child will live. She is requesting a loan in the amount of 1800 US dollars. She awaits your kindness.
Previous Loan DetailsFarogat is married and has two children who are non-adults. She always wanted to provide them with a good education, and since her husband’s income is not enough to provide the family with a good quality of life, Farogat decided to start a new business by teaching pupils in her house and getting… More from Farogat's previous loan »
More information about this loan
This loan is part of IMON's education program, designed to finance school tuition for students whose families have low incomes or work in informal sectors of the economy. Funds can be used for partial or complete payment of expenses related to higher education. By supporting this loan, you're enabling access to education for students with limited options.
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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Success!! The loan was 100% repaid