Update on MutabarA kind person who always tries to improve her lot in life and hopes for a better future needs your financial assistance. Her name is Mutabar. She is 56 year old widow with two children. Mutabar lives in the countryside and has good opportunities to expand her business, which is livestock and farming. For more then 15 years she has been a farmer and has a great deal of experience. Her livestock is always in good health and so Mutabar has many regular clients. Mutabar wants to expand her business and have higher monthly profits. She is requesting a loan of 2000 US dollars to purchase more livestock. She plans to use to profits from the loan to improve her living situation. Mutabar hopes for your kindness.
Previous Loan DetailsMutabar G. is 52 years old, an admirable mother and widow She has shown a great enthusiasm for agricultural work and raising cattle. These activities have provided an education for her children. She continues to strive towards providing the well-being and education for her children and also towa... More from Mutabar'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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