Update on MahbubaMahbuba is a hard-working woman. She is 33, married, and has two children. She started her business ten years ago selling fruit at the local market. She also grows and sells tomato plants, peppers, different kinds of flowers, and so forth. She has a lot of experience and earns the main income for her family, as her husband is working in Russia. Mahbuba has a small stall at the market and wants to buy a bigger one. She is requesting a loan of 10,000 somoni and awaits your kindness.
Previous Loan DetailsMahbuba is a 29-year-old married mother of two children. Her husband is an entrepreneur and Mahbuba started her business seven years ago in order to support her family. All year she sells fruits that she buys from local farmers. Twice a week, Mahbuba travels over 20 km to sell her produce for... More from Mahbuba's previous loan »
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 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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