Update on KimyojonKimyojon is a widow. She is a hardworking and kind woman who is bringing up five children. Kimyojon has been busy selling food items in a food shop for more than 13 years. She sells all kind of food items such as bread, rolls, candies, meat, sausages, fruits, and vegetables. Her son helps her with managing the business. Kimyojon tries to offer fresh, high quality items to her customers. She is asking for a loan of 10,000 TJS to buy food items. She is going to increase working capital and maximize profit. She awaits your mercy.
Previous Loan DetailsKimyojon is a hardworking woman. After her husband's death, she started to feel defenseless, and her children were left to be orphans. With a lot of effort, she opened her own business in order to provide for her children. She is raising five children. Kimyojon has been involved in buying and... More from Kimyojon'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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