Update on MehriddinMehriddin is 26 years old. He is an industrious man with a great desire to be the richest businessman in his town! He is married to a lovely woman. They have two children they love very much and try to comfort with all the modern conveniences.
Mehriddin sells a variety of vegetables such as potatoes, carrots, onions, etc. He sells his goods in a local market. He began working this way over nine years ago because he needed to earn money. His father helps him to purchase his merchandise. They want to develop the business further in order to provide their family with a better standard of living.
This is Mehriddin's fifth loan with Imon International, and he is grateful for the financial support to help him to realize his plans. He awaits your support.
Previous Loan DetailsMehriddin is married and the father of two children. He sells vegetables such as carrots, potatoes, onions, etc. He purchases his goods from Kistakuz, Istaravshan, Vorukh, and Gonchi reqion and he sells them in the central local market of Isfara city. He has many regular customers. His father has... More from Mehriddin'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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- Repayment Term
- 18 months (Additional Information)
- Repayment Schedule
- Aug 8, 2012
- Aug 14, 2012
- Currency Exchange Loss:
- Sep 13, 2012
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.