Fakhridin Shukurov


Status: Paying Back

$1,900.00   Loan Amount
45% repaid

About the Entrepreneur

Name: Fakhridin Shukurov
Location: Dushanbe, Tajikistan
Activity: Food Market

About the Loan

Loan Amount: $1,900.00
Loan Use: Increase inventory of flour for sale
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Apr 23, 2009
Date Disbursed: Apr 22, 2009
Date Funded:Apr 24, 2009

About the Country

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



Shukurov Fakhridin is 34-year-old married man with 3 children. Fakhridin has successful business of selling flour at the local market of Dushanbe. Fakhridin sells an assortment of good quality flour. Fakhridin has been engaged in this type of business for 12 years and during that period he become a very successful entrepreneur. While his business is doing very well, he sees the opportunity to increase his sales by maintaining a larger inventory of goods. Therefore, Fakhridin is requesting a loan of $1900 USD to purchase more goods for resale.


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 it’s 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 Fakhridin Shukurov


Loan has been disbursed
 
Entrepreneur: Fakhridin Shukurov
Location: Dushanbe, Tajikistan

Thank you for your loan. It has been disbursed to Fakhridin Shukurov 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 Dushanbe, Tajikistan
Apr 25, 2009
Comment on this entry

Kiva Help Repayment Schedule for Fakhridin Shukurov

  Expected Repayments Actual Repayments Comments
July 2009 $135.15 $135.15 Repayment Received
August 2009 $138.98 $138.98 Repayment Received
September 2009 $142.91 $142.91 Repayment Received
October 2009 $146.96 $146.96 Repayment Received
November 2009 $151.13 $151.13 Repayment Received
December 2009 $155.41 $155.41 Repayment Received
January 2010 $159.81 Available Jan 1  
February 2010 $164.34 Available Feb 1  
March 2010 $169.00 Available Mar 1  
April 2010 $173.78 Available Apr 1  
May 2010 $178.71 Available May 1  
June 2010 $183.82 Available Jun 1