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Muborak

Update on Muborak

Muborak is 53 years old. She is married and has 4 children. One of her children is non-adult. Muborak tries to offer her children all necessary things. She has been busy with animal husbandry and food products sales more than 10 years. She feeds 4 cows and 70 sheep now. She has a big cowshed in her house. Muborak has a good opportunity to develop her business with animal husbandry as she lives in a rural area. She is going to develop her business further. Her husband will help her to realize her plan. She is asking for a loan of 5,000 Somoni to buy cattle for increasing working capital. She awaits your support.

Previous Loan Details

Muborak has a cafe in the school of her village. She started it 10 years ago because she needed to work and take care of her 4 children, because her husband has a small salary. After organizing her business, the quality of her family's living conditions became better. She takes cares of the b... More from Muborak's previous loan »

Additional Information

More information about this loan

This loan is part of IMON's effort to expand financial access to rural populations through 16 offices located far from regional centers or main towns. By funding this loan, you are enabling rural populations to gain better financial skills, develop businesses and improve their lives.

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.

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About Tajikistan

  • $2,700
    Average annual income
  • 156
    View loans »
    Tajikistan Loans Fundraising
  • $29,330,250
    Funds lent in using Kiva
  • 4.8
    Tajikistan Somoni (TJS) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,050 helped Muborak to buy cattle for increasing working capital.
99% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 7, 2014
Listed
Mar 18, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015