Sunday, November 30, 2008

Matt makes a new loan

Matt made a new loan to Mr. Babayor Karlikov of Tajikistan.

For more than 12 years, Babayor has been selling vegetables, such as potatoes, onions, and carrots. He buys vegetables wholesale from the local farmers and sells them in the market. He trades in the market that is known for its attractive prices. All this allows Babayor’s business to generate a considerable and stable income for his family. Today, he is planning to purchase new, fresh vegetables to sell in order to increase the range of goods that he sells. For this purpose, he requests 3000 Somoni ($900 USD) for 4 months. Having a positive credit history with IMON, Babayor promises to repay the current loan as promptly as he did the previous time.

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