Bahrom Mahkamov


Status: Paying Back

$1,150.00   Loan Amount
12% repaid

About the Entrepreneur

Name: Bahrom Mahkamov
Location: Istaravshan, Tajikistan
Activity: Farming

About the Loan

Loan Amount: $1,150.00
Loan Use: Purchasing seeds and fertilizer
Repayment Term: 14 months - View details below
Lenders Repaid: Irregularly
Currency Exchange Loss: Covered
Date Listed: Jun 5, 2009
Date Disbursed: May 15, 2009
Date Funded:Jun 28, 2009

About the Country

Country:Tajikistan
Avg Annual Income:$1,388.00
Currency:Tajikistan Somoni (TJS)
Exchange Rate:4.3804 TJS = 1 USD



Since he was a young man, Bahrom has known how to work hard. His parents taught him how to get by as an agriculturist, and he learned very well. Now that he is the father of a family, he still works as an agriculturalist. Thanks to his parents, Bahrom now has the opportunity to move forward as a farmer, and he hopes to increase his agricultural produce so that he can bring his loved ones a more promising life.



Despite being a good agriculturalist and worker he needs help to move forward and improve his production. This is why he is asking for a loan, so that he can buy more of the seeds and fertilizers he needs, which are very expensive, but without them his production will not improve. You can help Bahrom keep moving forward with his development plans.



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 Bahrom Mahkamov


Loan has been disbursed
 
Entrepreneur: Bahrom Mahkamov
Location: Istaravshan, Tajikistan

Thank you for your loan. It has been disbursed to Bahrom Mahkamov 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 Istaravshan, Tajikistan
Jun 29, 2009
Comment on this entry

Kiva Help Repayment Schedule for Bahrom Mahkamov

  Expected Repayments Actual Repayments Comments
December 2009 $143.75 $143.75 Repayment Received
January 2010 $143.75 Available Jan 1  
February 2010 $143.75 Available Feb 1  
March 2010 $143.75 Available Mar 1  
April 2010 $143.75 Available Apr 1  
May 2010 $143.75 Available May 1  
June 2010 $143.75 Available Jun 1  
July 2010 $143.75 Available Jul 1