Rafokat Kodirova


Status: Paying Back

$1,350.00   Loan Amount
30% repaid

About the Entrepreneur

Name: Rafokat Kodirova
Location: Isfara, Tajikistan
Activity: Animal Sales

About the Loan

Loan Amount: $1,350.00
Loan Use: Purchasing seeds, fertilizer and young cattle.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jun 17, 2009
Date Disbursed: Jun 11, 2009
Date Funded:Jun 19, 2009

About the Country

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



Kodirova Rafokat is a woman of great courage and dedication who struggles to put food on the table for her children. She is a diligent mother who has always strived for the health and well-being of each member of her family. Throughout this season, she directs herself towards the fields where she plants potatoes. She sells the fruits of her labor at various local markets. In addition, as an extra income, Rafokat raises cattle at her house. She plans to commercialize her crops at a much greater scale, but for this she needs a loan that will allow her to invest in such a project. Let’s contribute to this great effort done by a mother who wants the best for her beloved family.

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 Rafokat Kodirova


Loan has been disbursed
 
Entrepreneur: Rafokat Kodirova
Location: Isfara, Tajikistan

Thank you for your loan. It has been disbursed to Rafokat Kodirova 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 Isfara, Tajikistan
Jun 20, 2009
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Kiva Help Repayment Schedule for Rafokat Kodirova

  Expected Repayments Actual Repayments Comments
September 2009 $98.78 $98.78 Repayment Received
October 2009 $101.08 $101.08 Repayment Received
November 2009 $103.44 $103.44 Repayment Received
December 2009 $105.86 $105.86 Repayment Received
January 2010 $108.33 Available Jan 1  
February 2010 $110.85 Available Feb 1  
March 2010 $113.44 Available Mar 1  
April 2010 $116.09 Available Apr 1  
May 2010 $118.80 Available May 1  
June 2010 $121.57 Available Jun 1  
July 2010 $124.41 Available Jul 1  
August 2010 $127.35 Available Aug 1