Makhsuda Fozilova


Status: Paying Back

$525.00   Loan Amount
47% repaid

About the Entrepreneur

Name: Makhsuda Fozilova
Location: Isfara, Tajikistan
Activity: Animal Sales

About the Loan

Loan Amount: $525.00
Loan Use: To purchase young cattle
Repayment Term: 11 months - View details below
Lenders Repaid: Irregularly
Currency Exchange Loss: N/A
Date Listed: May 7, 2009
Date Disbursed: Apr 15, 2009
Date Funded:May 19, 2009

About the Country

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



Fozilova Makhsuda is 27 years old. She is married with three children. Makhsuda has had a lot of success selling calf meat and she never misses an opportunity to expand the space that she has at home to raise animals so that she can sell them at the local market. Her desire is to increase her merchandise so that she will have a stable position in the market. Makhsuda always puts in a lot of effort and her main motivation is her love for her dearest children. Makhsuda would like a loan of $525 USD so that she can buy more animals to sell their meat.


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 Makhsuda Fozilova


Loan has been disbursed
 
Entrepreneur: Makhsuda Fozilova
Location: Isfara, Tajikistan

Thank you for your loan. It has been disbursed to Makhsuda Fozilova by IMON International in Tajikistan. We are excited to watch this business grow. Over the 8 months of this loan, IMON International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Isfara, Tajikistan
May 20, 2009
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Kiva Help Repayment Schedule for Makhsuda Fozilova

  Expected Repayments Actual Repayments Comments
October 2009 $81.50 $81.50 Repayment Received
November 2009 $83.81 $83.81 Repayment Received
December 2009 $86.19 $86.19 Repayment Received
January 2010 $88.63 Available Jan 1  
February 2010 $91.14 Available Feb 1  
March 2010 $93.73 Available Mar 1