Ahmad Usmonov


Status: Paying Back

$425.00   Loan Amount
50% repaid

About the Entrepreneur

Name: Ahmad Usmonov
Location: Vahdat, Tajikistan
Activity: Cattle

About the Loan

Loan Amount: $425.00
Loan Use: Raising and selling cattle
Repayment Term: 8 months - View details below
Lenders Repaid: Irregularly
Currency Exchange Loss: Covered
Date Listed: Apr 24, 2009
Date Disbursed: Apr 6, 2009
Date Funded:Apr 25, 2009

About the Country

Country:Tajikistan
Avg Annual Income:$1,388.00
Currency:Tajikistan Somoni (TJS)
Exchange Rate:3.8614 TJS = 1 USD



Ahmad has a great deal of experience with livestock, as he has been in the business for 30 years. He has a large herd, but he needs sufficient cattle to divide amongst his three sons. Two of his sons are married and have their own households, however they do not have their own cattle and it is their father's obligation to provide them with a particular number of animals. Therefore, Ahmad is taking out a loan to purchase cattle to increase the size of his herd.

Translated from Russian by Joyce ., Kiva Volunteer


У Ахмада большой опыт животноводства. Он уже 30 лет занимается этим. У него есть большое количество скота. Но ему нужно передать сыновьям определенное количество каждому. У него трое сыновей. Двое из них уже женаты и у них отдельное домохозяйство. Но пока у них нет собственного скота. Теперь отец должен передать им определенное количество скота. Поэтому Ахмад берет кредит чтобы купить скот и увеличить количество своего скота.

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Lenders to this entrepreneur

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Journal entries for Ahmad Usmonov


Loan has been disbursed
 
Entrepreneur: Ahmad Usmonov
Location: Vahdat, Tajikistan

Thank you for your loan. It has been disbursed to Ahmad Usmonov by MLF MicroInvest, a partner of ACDI/VOCA in Tajikistan. We are excited to watch this business grow. Over the 6 months of this loan, MLF MicroInvest, a partner of ACDI/VOCA will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Vahdat, Tajikistan
Apr 26, 2009
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Kiva Help Repayment Schedule for Ahmad Usmonov

  Expected Repayments Actual Repayments Comments
November 2009 $212.50 $212.50 Repayment Received
December 2009 $212.50 Available Dec 1