Yahyokhon Rahimov


Status: Paying Back

$650.00   Loan Amount
49% repaid

About the Entrepreneur

Name: Yahyokhon Rahimov
Location: Gafurov, Tajikistan
Activity: Farming

About the Loan

Loan Amount: $650.00
Loan Use: Purchasing seeds and mineral fertilizer.
Repayment Term: 9 months - View details below
Lenders Repaid: Irregularly
Currency Exchange Loss: Covered
Date Listed: May 5, 2009
Date Disbursed: Apr 16, 2009
Date Funded:May 22, 2009

About the Country

Country:Tajikistan
Avg Annual Income:$1,388.00
Currency:Tajikistan Somoni (TJS)
Exchange Rate:3.9436 TJS = 1 USD



Rahimov Yahyokhon was born in 1981. Married and a family man, he works in agriculture. The income he makes from selling agricultural products enables him to manage his household expenses. But today the profit from agriculture has decreased considerably and it is difficult for him to meet the needs of his family. To make his agricultural business more productive again, Yahyokhon is asking for a loan of $650 USD to buy seeds and fertilizer and thus increase the productive capacity of his land. This will improve the living conditions of his entire family.


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 Yahyokhon Rahimov


Loan has been disbursed
 
Entrepreneur: Yahyokhon Rahimov
Location: Gafurov, Tajikistan

Thank you for your loan. It has been disbursed to Yahyokhon Rahimov 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 Gafurov, Tajikistan
May 23, 2009
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Kiva Help Repayment Schedule for Yahyokhon Rahimov

  Expected Repayments Actual Repayments Comments
December 2009 $320.20 $320.20 Repayment Received
January 2010 $329.80 Available Jan 1