Sairanbi Karimova


Status: Paying Back

$1,175.00   Loan Amount
36% repaid

About the Entrepreneur

Name: Sairanbi Karimova
Location: Dushanbe, Tajikistan
Activity: Shoe Sales

About the Loan

Loan Amount: $1,175.00
Loan Use: To purchase new women's shoes for the summer season.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 20, 2009
Date Disbursed: May 7, 2009
Date Funded:May 22, 2009

About the Country

Country:Tajikistan
Avg Annual Income:$1,388.00
Currency:Tajikistan Somoni (TJS)
Exchange Rate:4.3103 TJS = 1 USD



Sairanbi is the widowed mother of two children. Her women’s shoes sales have been a valuable source of income for her family over the past four years since she’s been in business. In a typical month, Sairanbi makes about $400 in profit. Sairanbi is a hardworking, polite and communicative entrepreneur. She has a good attitude and loves being able to help women with their shoe needs. Sairanbi has requested a loan of 5000 somoni to purchase new inventory. This loan will help her to continue to develop her business and provide a good income for her family.


More about Tajikistan and IMON International:

Tajikistan is perhaps best known for its epic mountain passes and its rich history which includes its place as a key post along the Silk Road and events at the end of Alexander the Great's rule. It has produced famous thinkers, philosophers, scientists and poets, such 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 and a civilization that dates back to the 4th millennium BC. 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. A civil war, which ignited soon after its independence from the U.S.S.R., further damaged an 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 productivity and the 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 viable business prospects. 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 Sairanbi Karimova


Loan has been disbursed
 
Entrepreneur: Sairanbi Karimova
Location: Dushanbe, Tajikistan

Thank you for your loan. It has been disbursed to Sairanbi Karimova 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
May 23, 2009
Comment on this entry

Kiva Help Repayment Schedule for Sairanbi Karimova

  Expected Repayments Actual Repayments Comments
August 2009 $78.95 $78.95 Repayment Received
September 2009 $81.98 $81.98 Repayment Received
October 2009 $85.12 $85.12 Repayment Received
November 2009 $88.38 $88.38 Repayment Received
December 2009 $91.77 $91.77 Repayment Received
January 2010 $95.29 Available Jan 1  
February 2010 $98.94 Available Feb 1  
March 2010 $102.73 Available Mar 1  
April 2010 $106.67 Available Apr 1  
May 2010 $110.76 Available May 1  
June 2010 $115.00 Available Jun 1  
July 2010 $119.41 Available Jul 1