Kudrat Shohbekov


Status: Paying Back

$400.00   Loan Amount
34% repaid

About the Entrepreneur

Name: Kudrat Shohbekov
Location: Istaravshan, Tajikistan
Activity: Animal Sales

About the Loan

Loan Amount: $400.00
Loan Use: To expand his business by buying more cattle.
Repayment Term: 13 months - View details below
Lenders Repaid: Irregularly
Currency Exchange Loss: N/A
Date Listed: Apr 15, 2009
Date Disbursed: Apr 9, 2009
Date Funded:Apr 18, 2009

About the Country

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



Shohbekov Kudrat is a very loving person who is devoted to the needs of his grandchildren, whom he adores. For many years, Kudrat worked hard to provide for his family and educate his own children, who today are hard-working adults thanks to his example. He makes a living by raising livestock, leaving home early every morning to take his animals to nearby pasture. His main goal is to improve the quality of his animals, but to do this he needs to purchase livestock of better breeds, and these animals are very costly. He is applying for a loan of $400 to make this possible. Kudrat is committed to repay this loan on time, and wants you to know that you can trust in his hard work and honesty.


More about Tajikistan and IMON International

Tajikistan is known for its rich history, which includes a key post along the Silk Road and the end of Alexander the Great's rule. It has also produced great thinkers, philosophers, scientists and poets, including Rudaki, Avicenna, Ferdowsi, Omar Khayyam, Jomi and Rumi. The country is home to communities that still speak the ancient Sogdian language, epic mountain passes and a civilization that dates back to the 4th millennium BC. And, even today, it is a complex mixture of the Islamic faith, Soviet culture, New West culture and Central Asian traditions.

But Tajikistan is also the poorest of the former Soviet republics. The civil war, which ignited soon after its independence from the U.S.S.R., further damaged the already weak economy. In addition, 93% of the country is mountainous and only 7% of the land is arable. These conditions have resulted in high levels of unemployment and have forced hundreds of thousands 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.

IMON's History

Since December 2007, IMON International has worked closely with Kiva and Kiva lenders to ensure that poor and low income clients have viable business propositions. 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 Kudrat Shohbekov


Loan has been disbursed
 
Entrepreneur: Kudrat Shohbekov
Location: Istaravshan, Tajikistan

Thank you for your loan. It has been disbursed to Kudrat Shohbekov by IMON International in Tajikistan. We are excited to watch this business grow. Over the 11 months of this loan, IMON International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Istaravshan, Tajikistan
Apr 19, 2009
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Kiva Help Repayment Schedule for Kudrat Shohbekov

  Expected Repayments Actual Repayments Comments
October 2009 $45.25 $45.25 Repayment Received
November 2009 $46.53 $46.53 Repayment Received
December 2009 $47.85 $47.85 Repayment Received
January 2010 $49.20 Available Jan 1  
February 2010 $50.60 Available Feb 1  
March 2010 $52.03 Available Mar 1  
April 2010 $53.50 Available Apr 1  
May 2010 $55.04 Available May 1