Update on RanokhonRanokhon is a conscientious woman. She was born in 1969. Ranokhon is married and raising 4 children, all of whom are minors. Ranokhon is a very hardworking woman. She always tries hard for the welfare of her family. Ranokhon has been involved in her own business for over 12 years. She leases a cafeteria at a secondary school. Ranokhon prepares food and serves it to the school students and teachers. Her husband helps her with running the business. He is a cook. Ranokhon has to repair the space and is requesting a loan in the amount of 1000 US dollars to purchase construction materials, such as paint, water emulsion and the like. She awaits your kindness and hopes for your mercy. This loan will help her improve the business conditions.
Previous Loan DetailsRanokhon is 53 years old. She is married and has four children to whom she has always wanted to provide a good quality of life. Her husband is a teacher and has a small salary. It's for this reason that she, 12 years ago, began her own business of selling foods in her own cafe. Her cafe is in a s... More from Ranokhon'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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This loan has been fully funded!
- Repayment Term
- 14 months (Additional Information)
- Repayment Schedule
- Jul 3, 2014
- Jul 10, 2014
- Currency Exchange Loss:
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.