Eshkuzi Bekmatov


Status: Paid Back

$800.00   Loan Request
$800.00   Paid Back

About the Entrepreneur

Name: Eshkuzi Bekmatov
Location: Khujand, Tajikistan
Activity: Animal Sales

About the Loan

Loan Amount: $800.00
Loan Use: To purchase cattle in order to expand his business.
Repayment Term: 8 months - View details below
Lenders Repaid: Irregularly
Currency Exchange Loss: N/A
Date Listed: Apr 17, 2009
Date Disbursed: Apr 16, 2009
Date Funded:Apr 17, 2009
Loan Ended:Nov 15, 2009

About the Country

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



Bekmatov Eshkuzi is 50 years old. He is married and has four children. Eshkuzi was born in a simple rural family and has worked with livestock for 21 years. He is very experienced and has special skills in livestock care that help him to develop his business. He raises and sells livestock and sells meat and milk.


Eshkuzi is requesting a loan of $800 to enable him to purchase a second dairy cow. The second cow will enable him increase milk production and will provide income security to the family whenever one of the cows is in calf. The income will allow Eshkuzi to provide for his family, take good care of his cows, and supply his neighbors with quality milk.


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 epic mountain passes, 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 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 percent of the country is mountainous and only 7 percent 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 Eshkuzi Bekmatov


Loan has been disbursed
 
Entrepreneur: Eshkuzi Bekmatov
Location: Khujand, Tajikistan

Thank you for your loan. It has been disbursed to Eshkuzi Bekmatov 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 Khujand, Tajikistan
Apr 18, 2009
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Kiva Help Repayment Schedule for Eshkuzi Bekmatov

  Expected Repayments Actual Repayments Comments
November 2009 $394.41 $394.41 Repayment Received
December 2009 $405.59 $405.59 Repayment Received