Firuza Radjabova


Status: Paying Back

$700.00   Loan Amount
35% repaid

About the Entrepreneur

Name: Firuza Radjabova
Location: Dushanbe, Tajikistan
Activity: Clothing Sales

About the Loan

Loan Amount: $700.00
Loan Use: To purchase shoes to sell
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 23, 2009
Date Disbursed: Jun 9, 2009
Date Funded:Jul 4, 2009

About the Country

Country:Tajikistan
Avg Annual Income:$1,388.00
Currency:Tajikistan Somoni (TJS)
Exchange Rate:4.4002 TJS = 1 USD



Radjabova Firuza has a small clothing-sales business located at Vahdat market in Dushanbe, the capital of Tajikistan. She is married and has two children. In business for 5 years, she has worked hard over the years to develop a successful business and help meet the needs of her family.

Firuza currently sells a selection of children’s clothing. She has requested a loan of 3,000 Somoni to help purchase inventory to sell. She enjoys being self-employed and would like to continue growing and developing her business.


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 B.C. 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 Firuza Radjabova


Loan has been disbursed
 
Entrepreneur: Firuza Radjabova
Location: Dushanbe, Tajikistan

Thank you for your loan. It has been disbursed to Firuza Radjabova 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 Dushanbe, Tajikistan
Jul 5, 2009
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Kiva Help Repayment Schedule for Firuza Radjabova

  Expected Repayments Actual Repayments Comments
September 2009 $58.30 $58.30 Repayment Received
October 2009 $60.63 $60.63 Repayment Received
November 2009 $63.06 $63.06 Repayment Received
December 2009 $65.58 $65.58 Repayment Received
January 2010 $68.21 Available Jan 1  
February 2010 $70.93 Available Feb 1  
March 2010 $73.77 Available Mar 1  
April 2010 $76.72 Available Apr 1  
May 2010 $79.79 Available May 1  
June 2010 $83.01 Available Jun 1