Farhod Kodirov


Status: Paying Back

$3,000.00   Loan Amount
30% repaid

About the Entrepreneur

Name: Farhod Kodirov
Location: Tursunzade, Tajikistan
Activity: Retail

About the Loan

Loan Amount: $3,000.00
Loan Use: To purchase new goods
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jun 25, 2009
Date Disbursed: Jun 19, 2009
Date Funded:Jul 20, 2009

About the Country

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



Farhod sells different kinds of construction materials, including wallpaper, in one of the local markets. He has been in this trade for three years. Farhod is married with two children. He lives in Tursunzade.


Farhod has passed many milestones on his road to success. He has learned to adapt with each wave of change in the market world. Today he is a stable and confident entrepreneur with many bright ideas and plans for the future. One of his current plans is to increase his turnover capital with the help of a loan of $3000 US. Farhod is counting on your help and expresses his gratitude.


More about Tajikistan and IMON International:

Tajikistan is perhaps best known for its epic mountain passes and its rich history which includes its place as a key post along the Silk Road and events at the end of Alexander the Great's rule. It has produced famous thinkers, philosophers, scientists and poets, such as Rudaki, Ibn Sina (Avicenna), Firdousi, Omar Haiyam, Jomi, Mavlavi Rumi and many others. The country is home to communities that still speak the ancient Sogdian language and a civilization that dates back to the 4th millennium BC. 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. A civil war, which ignited soon after its independence from the U.S.S.R., further damaged an 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 productivity and the 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 viable business prospects. 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 Farhod Kodirov


Loan has been disbursed
 
Entrepreneur: Farhod Kodirov
Location: Tursunzade, Tajikistan

Thank you for your loan. It has been disbursed to Farhod Kodirov 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 Tursunzade, Tajikistan
Jul 21, 2009
Comments (1)

Kiva Help Repayment Schedule for Farhod Kodirov

  Expected Repayments Actual Repayments Comments
September 2009 $219.52 $219.52 Repayment Received
October 2009 $224.64 $224.64 Repayment Received
November 2009 $229.88 $229.88 Repayment Received
December 2009 $235.25 $235.25 Repayment Received
January 2010 $240.74 Available Jan 1  
February 2010 $246.35 Available Feb 1  
March 2010 $252.10 Available Mar 1  
April 2010 $257.98 Available Apr 1  
May 2010 $264.00 Available May 1  
June 2010 $270.16 Available Jun 1  
July 2010 $276.47 Available Jul 1  
August 2010 $282.91 Available Aug 1