Parmon Djuraev


Status: Paying Back

$3,000.00   Loan Amount
37% repaid

About the Entrepreneur

Name: Parmon Djuraev
Location: Shahrituz, Tajikistan
Activity: Manufacturing

About the Loan

Loan Amount: $3,000.00
Loan Use: To purchase additional equipment required for expansion of his business
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: May 19, 2009
Date Disbursed: May 18, 2009
Date Funded:May 20, 2009

About the Country

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



Djuraev Parmon is 53 years old. He is married and has six children. Parmon is a hard-working man who has fought to provide for his family and educate his children, who today are working adults thanks to his example.

Parmon is a manufacturer. With the help of his son (pictured), he produces wooden doors and window frames. His workshop is located in his house. Working in this business for 39 years, Parmon became a rather experienced master and now he has apprentices.

By producing goods of good quality at acceptable prices, Parmon has many customers. He sells the doors and window frames from his house. At the same time there is a trading place located in the local market.

In general, Parmon’s business is very successful and generates stable incomes for the family. Now Parmon is planning to purchase the additional equipment required for expansion of his business. With this purpose in mind he requests $3000 for the term of 12 months.


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 B.C. 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 Parmon Djuraev


Loan has been disbursed
 
Entrepreneur: Parmon Djuraev
Location: Shahrituz, Tajikistan

Thank you for your loan. It has been disbursed to Parmon Djuraev 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 Shahrituz, Tajikistan
May 21, 2009
Comment on this entry

Kiva Help Repayment Schedule for Parmon Djuraev

  Expected Repayments Actual Repayments Comments
August 2009 $215.42 $215.42 Repayment Received
September 2009 $221.16 $221.16 Repayment Received
October 2009 $227.06 $227.06 Repayment Received
November 2009 $233.12 $233.12 Repayment Received
December 2009 $239.33 $239.33 Repayment Received
January 2010 $245.72 Available Jan 1  
February 2010 $252.27 Available Feb 1  
March 2010 $259.00 Available Mar 1  
April 2010 $265.90 Available Apr 1  
May 2010 $272.99 Available May 1  
June 2010 $280.27 Available Jun 1  
July 2010 $287.76 Available Jul 1