Muhabbat Islomova


Status: Paying Back

$700.00   Loan Amount
20% repaid

About the Entrepreneur

Name: Muhabbat Islomova
Location: Khujand, Tajikistan
Activity: Clothing

About the Loan

Loan Amount: $700.00
Loan Use: Purchasing new goods for resale
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 13, 2009
Date Disbursed: Jul 1, 2009
Date Funded:Jul 21, 2009

About the Country

Country:Tajikistan
Avg Annual Income:$1,388.00
Currency:Tajikistan Somoni (TJS)
Exchange Rate:4.3905 TJS = 1 USD



Islomova Muhabbat is 33 years old. She is married and the loving mother of 3 children. With the purpose of supporting her family, Muhabbat is selling underwear for women and traditional dresses. She has been in this business for 14 years already.



Over the years she gained experience in choosing goods of good quality and meeting the requirements of the customers with various levels of income. The business is very stable so allows Muhabbat to improve the living standard of the family. Today she requests 3000 Somoni in order to expand her inventory. Muhabbat would like to thank everyone supporting her and to assure them that she’ll pay back the loan on time.



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



Subscribe

Lenders to this entrepreneur

Gaurav
Pittsburgh, PA
United States

Nick
Santa Monica, CA
United States

Michael
Mt Claremont, WA
Australia

Thorsten
Gehrden,
Germany

shannon
Vida, OR
United States

david
Washington, DC
United States

Leo Leo
Edmonton, Alberta
Canada

Deborah J
Innsbrook, MO
United States

Amy
CHICAGO, IL
United States

susan
san jose, CA
United States

Ben
Toronto, Ontario
Canada

Ann
Sandwich, MA
United States

Michelle
Brooklyn, NY
United States

Rafal
Sydney, NSW
Australia

Tawn
Houston, TX
United States

Michelle
Springfield, MO
United States

Lynette
Cambridge, MA
United States

Wes
Auburn, WA
United States



Top Lending Teams for this entrepreneur


LOTUS: Lend Out To Uplift Self-sufficiency
Common Interest
664 Members

Australia
Local Area
1494 Members

Journal entries for Muhabbat Islomova


Loan has been disbursed
 
Entrepreneur: Muhabbat Islomova
Location: Khujand, Tajikistan

Thank you for your loan. It has been disbursed to Muhabbat Islomova 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 Khujand, Tajikistan
Jul 22, 2009
Comment on this entry

Kiva Help Repayment Schedule for Muhabbat Islomova

  Expected Repayments Actual Repayments Comments
October 2009 $46.59 $46.59 Repayment Received
November 2009 $48.45 $48.45 Repayment Received
December 2009 $50.39 $50.39 Repayment Received
January 2010 $52.40 Available Jan 1  
February 2010 $54.50 Available Feb 1  
March 2010 $56.68 Available Mar 1  
April 2010 $58.95 Available Apr 1  
May 2010 $61.31 Available May 1  
June 2010 $63.76 Available Jun 1  
July 2010 $66.31 Available Jul 1  
August 2010 $68.96 Available Aug 1  
September 2010 $71.70 Available Sep 1