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Barno

Update on Barno

Barno was born in 1972. She is married and has four children. Her husband, Inomjon, is a businessman.

Barno began her own business of making and selling bags. She sells bags at a local market. Barno manages her business alone. She is going to increase her working capital and maximize profits. She is going to improve the living conditions of her family using the profits from the business. She is asking for a loan of 7,500 TJS to buy raw materials for sewing bags. She awaits your support.

Previous Loan Details

Barno has taken out more than thirty loans from IMON International. She makes bags. She buys materials from the central market, and then sews the bags and sells them at the market. Her eldest daughter helps her in the business. Her husband left to work in the Russian Federation. Barno was once ju... More from Barno'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.

Tags

About Tajikistan

  • $1,388
    Average annual income
  • 169
    View loans »
    Tajikistan Loans Fundraising
  • $28,212,700
    Funds lent in using Kiva
  • 4.8
    Tajikistan Somoni (TJS) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,575 helped Barno to purchase raw materials for sewing bags.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 11, 2014
Listed
Apr 26, 2014
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014
This photo was used before for a previous loan for Barno. It was first posted on Kiva on Jun, 2012. Learn More