Mastona Salaeva


Status: Paying Back

$1,000.00   Loan Amount
46% repaid

About the Entrepreneur

Name: Mastona Salaeva
Location: Kumsangir, Tajikistan
Activity: Grocery Store

About the Loan

Loan Amount: $1,000.00
Loan Use: Purchasing goods to increase the range of goods she sells
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Apr 16, 2009
Date Disbursed: Apr 9, 2009
Date Funded:Apr 16, 2009

About the Country

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



Salaeva Mastona is 26 years old. She is not married and has been running her own business for more than a year. Mastona has a grocery store which she attends to herself, aside from caring for her family and her home. She began this business with financial support from her father. The reason for starting the business was to increase her family’s income, and the business has been gradually growing ever since. In order to grow her business she requests a loan of 1000 US Dollars. Mastona is planning to spend the loan purchasing more goods for sale thus increasing the range of goods she has on offer. She thanks everybody who decides to support her.



More about Tajikistan and IMON International



Tajikistan is perhaps best known for its rich history, which includes a key post along the Silk Road; the end of Alexander the Great's rule; and with its famous great thinkers, philosophers, scientists and poets as: Rudaki, Ibn Sina (Avicenna), Firdousi, Omar Haiyam, Jomi, Mavlavi Rumi and many others. 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 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 Mastona Salaeva


Loan has been disbursed
 
Entrepreneur: Mastona Salaeva
Location: Kumsangir, Tajikistan

Thank you for your loan. It has been disbursed to Mastona Salaeva by IMON International in Tajikistan. We are excited to watch this business grow. Over the 12 months of this loan, IMON International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Kumsangir, Tajikistan
Apr 17, 2009
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Kiva Help Repayment Schedule for Mastona Salaeva

  Expected Repayments Actual Repayments Comments
July 2009 $71.80 $71.80 Repayment Received
August 2009 $73.72 $73.72 Repayment Received
September 2009 $75.68 $75.68 Repayment Received
October 2009 $77.70 $77.70 Repayment Received
November 2009 $79.77 $79.77 Repayment Received
December 2009 $81.90 $81.90 Repayment Received
January 2010 $84.09 Available Jan 1  
February 2010 $86.33 Available Feb 1  
March 2010 $88.63 Available Mar 1  
April 2010 $90.99 Available Apr 1  
May 2010 $93.42 Available May 1  
June 2010 $95.97 Available Jun 1