Abdulahad Sharipov


Status: Paid Back

$1,950.00   Loan Request
$1,950.00   Paid Back

About the Entrepreneur

Name: Abdulahad Sharipov
Location: Dushanbe, Tajikistan
Activity: Fruits & Vegetables

About the Loan

Loan Amount: $1,950.00
Loan Use: To increase his range of vegetables
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Apr 14, 2009
Date Disbursed: Apr 3, 2009
Date Funded:Apr 19, 2009
Loan Ended:Nov 15, 2009

About the Country

Country:Tajikistan
Avg Annual Income:$1,388.00
Currency:United States Dollars (USD)



Since he was very young, Abdulahad Sharipov has felt connected to the countryside. His family dedicated themselves to cultivating fruits and vegetables, and from childhood he imagined he would be in the business of selling produce. Fortunately, he realized this dream, and at the age of 20, he began to sell vegetables in small markets. Meanwhile, little by little, he was saving money so he could set up his own shop. Thanks to his efforts and the love he has for this work, Abdulahad’s business has been growing gradually. Now Abdulahad believes it is time to inject more capital into the business so that he can buy at wholesale and obtain better prices. As a result, he is requesting a loan of $1950 USD. With your help, Abdulahad will be able to move his business forward and offer his wife and two children a better future.

More about Tajikistan
Tajikistan, a key post on the Silk Road, is perhaps best known for its rich history. It was the location for the end of Alexander the Great's rule, and is known for its great thinkers, philosophers, scientists and poets such as Rudaki, Ibn Sina (Avicenna), Firdousi, Omar Haiyam, Jomi, Mavlavi Rumi and many others. The country, with its epic mountain passes, is home to communities that still speak the ancient Sogdian language and a civilization that dates back to the fourth millennium BC. Even today, it is a complex mix of the Islamic faith, Soviet culture, New West culture and Central Asian traditions.

However, Tajikistan is also the poorest of the former Soviet republics. The civil war, which ignited soon after its independence from the USSR, damaged the already weak economy. In addition, 93 per cent of the country is mountainous and only 7 per cent of the land is arable. These conditions have resulted in high levels of unemployment and have forced hundreds of thousands of people to seek work in other countries, mainly Russia. While the people of Tajikistan are working to improve its agricultural production and manufacturing sector, nearly two-thirds of the population still live in abject poverty.

More about IMON International
Since December 2007, IMON International has worked closely with Kiva and Kiva lenders to ensure that poor and low-income clients represent a viable business proposition. Funds raised through Kiva have already been distributed to thousands of IMON International's clients and will continue to provide thousands more with permanent access to the varied financial services they need. To learn more about IMON International's work, please visit www.imon.tj

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Journal entries for Abdulahad Sharipov


Loan has been disbursed
 
Entrepreneur: Abdulahad Sharipov
Location: Dushanbe, Tajikistan

Thank you for your loan. It has been disbursed to Abdulahad Sharipov by IMON International in Tajikistan. We are excited to watch this business grow. Over the 5 months of this loan, IMON International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Dushanbe, Tajikistan
Apr 20, 2009
Comment on this entry

Kiva Help Repayment Schedule for Abdulahad Sharipov

  Expected Repayments Actual Repayments Comments
July 2009 $304.00 $304.00 Repayment Received
August 2009 $312.11 $312.11 Repayment Received
September 2009 $320.43 $320.43 Repayment Received
October 2009 $328.97 $328.97 Repayment Received
November 2009 $337.75 $337.75 Repayment Received
December 2009 $346.74 $346.74 Repayment Received