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Tursun

Update on Tursun

Tursun is 44 and married to a wonderful woman with whom he has lived happily for many years. For more than seven years he has worked buying and selling food products. His stall is close to his house and it is very convenient for him to maintain his business, since his neighbours are his constant customers. He has gradually been developing the business and increasing his working capital. With the income received he is improving his living conditions. He plans to renovate his home, since it is in poor condition. He is requesting a loan of 8,000 somoni to buy building materials such as cement, wood and paint. He awaits your kindness.
View original language description ↓
Турсуну 44 года. Он женат на прекрасной женщине, с которой он проживет счастливо на протяжении многих лет. Он более 7 лет занимается купле продажей продуктов питания. Его лавка расположена близко его дома и ему очень удобно развевать свой бизнес, так как все его соседи являются его постоянными клиентами. Он постепенно развевает бизнес и увеличивает оборотный капитал. С полученного дохода она улучшает условию проживания. Он планирует отремонтировать свой дом, так как его дом имеет плохое состояние. Он запрашивает займ на сумму 8000 сомони для покупки строительных материалов, как цемент, древесина, краска и т.п. Он ждет вашу доброту.

Previous Loan Details

Tursun is 43 years old, married and raising one child. He is a very hard working man, and has more than 6 years of experience in doing business. He works with buying and reselling food products in a store, which is situated near his home. Many of his customers are his neighbors and he tries to… More from Tursun's previous loan »

Additional Information

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

Tags

About Tajikistan

  • $1,388
    Average annual income
  • 221
    View loans »
    Tajikistan Loans Fundraising
  • $27,725,000
    Funds lent in using Kiva
  • 4.8
    Tajikistan Somoni (TJS) = $1 USD
Expired
A loan of $1,700 helped Tursun to buy building materials to renovate his home.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 12, 2013
Listed
Sep 7, 2013
Currency Exchange Loss:
Covered
Expired:
Oct 7, 2013
This photo was used before for a previous loan for Tursun. It was first posted on Kiva on Oct, 2012. Learn More