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Minavar

Update on Minavar

Minovar was born in the year 1956. She is widowed, with a son. Her son is married and has some children. So, she lives with her large family in a north part of Tajikistan.

Minovar has been busy with growing crops. She has her own land. Minovar’s working day begins early morning. She works hard every day. She has additional income from animal husbandry.

She is asking for a loan of TJS 7,500 to buy seeds for the new season and also to buy cattle for increasing the number of her cattle.

She is a repeat client of IMON. Minovar awaits your support.

Previous Loan Details

S. Minavar is a 52-year-old widow. She has a son from her marriage. Minavar works cultivating a small farm, which she has done for more than 20 years. She grows different types of vegetables such as potatoes, tomatoes and cucumbers. Every day she gets up very early. At 5 AM, Minavar drives to the... More from Minavar'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 Tajikistan

  • $2,700
    Average annual income
  • 148
    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 $1,575 helped Minavar to buy seeds for the new season and also to buy more cattle.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 26, 2013
Listed
Nov 30, 2013
Currency Exchange Loss:
Covered
Ended:
Dec 17, 2014