Gaibullo Ishankhonov


Status: Paying Back

$575.00   Loan Amount
45% repaid

About the Entrepreneur

Name: Gaibullo Ishankhonov
Location: Istaravshan, Tajikistan
Activity: Livestock

About the Loan

Loan Amount: $575.00
Loan Use: Purchasing cattle in order to expand the business
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 8, 2009
Date Disbursed: May 20, 2009
Date Funded:Jun 9, 2009

About the Country

Country:Tajikistan
Avg Annual Income:$1,388.00
Currency:Tajikistan Somoni (TJS)
Exchange Rate:4.3903 TJS = 1 USD



Gaibullo Ishankhonov is young and full of energy. He tries every single day to make the life of his family better. Gaibullo started his business 3 years ago. He continued the business of his father, who is a pensioner. Gaibullo has great experience in cattle breeding because he observed it from his childhood. Gaibullo would like to expand his business and purchase more calves. This will help him to increase income and improve life conditions. We wish him good luck and appreciate your help!


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 Gaibullo Ishankhonov


Loan has been disbursed
 
Entrepreneur: Gaibullo Ishankhonov
Location: Istaravshan, Tajikistan

Thank you for your loan. It has been disbursed to Gaibullo Ishankhonov by IMON International in Tajikistan. We are excited to watch this business grow. Over the 10 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 10, 2009
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Kiva Help Repayment Schedule for Gaibullo Ishankhonov

  Expected Repayments Actual Repayments Comments
August 2009 $48.27 $48.27 Repayment Received
September 2009 $50.11 $50.11 Repayment Received
October 2009 $52.04 $52.04 Repayment Received
November 2009 $54.03 $54.03 Repayment Received
December 2009 $56.10 $56.10 Repayment Received
January 2010 $58.25 Available Jan 1  
February 2010 $60.49 Available Feb 1  
March 2010 $62.80 Available Mar 1  
April 2010 $65.21 Available Apr 1  
May 2010 $67.70 Available May 1