Mahmadjon Isoev


Status: Paying Back

$3,000.00   Loan Amount
37% repaid

About the Entrepreneur

Name: Mahmadjon Isoev
Location: Dushanbe, Tajikistan
Activity: Computers

About the Loan

Loan Amount: $3,000.00
Loan Use: Purchasing of tools and spare parts requiring for the repair of cell phones.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: May 26, 2009
Date Disbursed: May 8, 2009
Date Funded:May 26, 2009

About the Country

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



Isoev Mahmadjon is 25 years old and is married. He is an expert in computer services and cell phone repairing. He provides computer services such as: printing, scanning, lamination and etc. He is in this business for 2 years already. Mahmadjon tries to use modern up-to-date technologies in his work so that satisfying the demands and requirements of the customers. Now he is planning to purchase additional tools and spare parts requiring for the repair of cell phones. With this purpose Mahmadjon requests $ 3000 US Dollars. This is the first loan of Mahmadjon and he thanks all for support and promises not to let down and to pay the loan in time.

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 Mahmadjon Isoev


Loan has been disbursed
 
Entrepreneur: Mahmadjon Isoev
Location: Dushanbe, Tajikistan

Thank you for your loan. It has been disbursed to Mahmadjon Isoev 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 27, 2009
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Kiva Help Repayment Schedule for Mahmadjon Isoev

  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