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Huseyn

Update on Huseyn

Huseyn is a 50-year-old man who is decent and married with four children. He lives with his family in the northern part of Tadjikistan.

Seven years ago, Huseyn started a business buying and selling food products. Now he sells household goods like pails, washtubs, mops, etc. in his store which he runs himself. The store is in the center of town. He regularly refreshes his inventory and thus attracts a lot of customers.

Huseyn is looking to increase his working capital, and is thus requesting a loan of US$1,500 to purchase household goods. He awaits your kindness.
View original language description ↓
Хусейн порядочный человек. Ему 50 лет. Он женат и на воспитании имеет 4 детей. Он живет вместе со своей семьей на северной части Таджикистана. Хусейн 7 лет назад начал свой бизнес купле продажей продуктов питания. На сегодняшний день он продает индустриальные товары, как ведро, корыто, швабра и т.п. Он торгует в магазине. Его магазин находится в центре города. Хусейн сам справляется с бизнесом. Он регулярно обновляет свой товар и таким образом привлекает больше клиентов. Хусейн хочет пополнить свой оборотный капитал и с такой целью он обратился за займом. Хусейн запрашивает займ на сумму 1500 долларов США для покупки индустриальных товаров для расширения оборотного капитала. Он ждет вашу доброту.

Previous Loan Details

Huseyn is kind and industrious person. He lives with his 4 children and wife in an old house. He has a food selling business, selling in a food stall. He sells a variety of foodstuffs such as dumplings, flat breads, etc. He has gained much business experience in his field. With the profits ear... More from Huseyn'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
  • 149
    View loans »
    Tajikistan Loans Fundraising
  • $29,656,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Huseyn to buy home goods for resale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 4, 2013
Listed
Dec 11, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2014
This photo was used before for a previous loan for Huseyn. It was first posted on Kiva on Jun, 2013. Learn More