Mirzomurod Karakhonov


Status: Paid Back

$2,425.00   Loan Request
$2,425.00   Paid Back

About the Entrepreneur

Name: Mirzomurod Karakhonov
Location: Shahrituz, Tajikistan
Activity: Farming

About the Loan

Loan Amount: $2,425.00
Loan Use: Seeds, fertilizer, fuels, and lubricants
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 24, 2009
Date Disbursed: Apr 6, 2009
Date Funded:Apr 24, 2009
Loan Ended:Nov 15, 2009

About the Country

Country:Tajikistan
Avg Annual Income:$1,388.00
Currency:Tajikistan Somoni (TJS)
Exchange Rate:3.9214 TJS = 1 USD



Mirzomurod is 52 years old, and he has been married since the age of 26 to the mother of his 4 children. Mirzomurod has worked in agriculture since he was young. His father taught him how to responsibly work with each crop, and now, with the help of his wife and adult children, he feels a sense of dignity from his work. As a consequence, he treats each plant with affection and care until they are ready for harvest, at which point he takes them to sell in the market.


Mirzomurod would very much like to buy a house in the city to ensure the well-being and tranquility of his children, and in this way improve his quality of life. The money that he is soliciting is for the purchase of seeds, chemical fertilizers, fuels and lubricants. Let’s support this hard-working and talented man so that he can obtain his goals!


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 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 Mirzomurod Karakhonov


Loan has been disbursed
 
Entrepreneur: Mirzomurod Karakhonov
Location: Shahrituz, Tajikistan

Thank you for your loan. It has been disbursed to Mirzomurod Karakhonov by IMON International in Tajikistan. We are excited to watch this business grow. Over the 6 months of this loan, IMON International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Shahrituz, Tajikistan
Apr 25, 2009
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Kiva Help Repayment Schedule for Mirzomurod Karakhonov

  Expected Repayments Actual Repayments Comments
September 2009 $579.64 $579.64 Repayment Received
October 2009 $597.03 $597.03 Repayment Received
November 2009 $614.94 $614.94 Repayment Received
December 2009 $633.39 $633.39 Repayment Received