Nusrat Kurbonov


Status: Paying Back

$475.00   Loan Amount
25% repaid

About the Entrepreneur

Name: Nusrat Kurbonov
Location: Dushanbe, Tajikistan
Activity: Cafe

About the Loan

Loan Amount: $475.00
Loan Use: Repair his cafe
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 17, 2009
Date Disbursed: Jul 8, 2009
Date Funded:Jul 24, 2009

About the Country

Country:Tajikistan
Avg Annual Income:$1,388.00
Currency:Tajikistan Somoni (TJS)
Exchange Rate:4.3907 TJS = 1 USD



Kurbonov Nusrat is 48 years old. He is married with four children. Nusrat cooks national meals like plov, lagman, and oriental dumplings. Nusrat is a very experienced cook. The income from the business is used by Nusrat to improve the living conditions of his family. Now he is planning to make a major repair of the café to attract more new clients and keep the old ones. For this, he requests 2000 Somoni. Nusrat thanks all for their support and promises to be precise in the loan payment.


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 Nusrat Kurbonov


Loan has been disbursed
 
Entrepreneur: Nusrat Kurbonov
Location: Dushanbe, Tajikistan

Thank you for your loan. It has been disbursed to Nusrat Kurbonov 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 25, 2009
Comments (1)

Kiva Help Repayment Schedule for Nusrat Kurbonov

  Expected Repayments Actual Repayments Comments
October 2009 $39.56 $39.56 Repayment Received
November 2009 $41.14 $41.14 Repayment Received
December 2009 $42.79 $42.79 Repayment Received
January 2010 $44.50 Available Jan 1  
February 2010 $46.28 Available Feb 1  
March 2010 $48.13 Available Mar 1  
April 2010 $50.06 Available Apr 1  
May 2010 $52.06 Available May 1  
June 2010 $54.15 Available Jun 1  
July 2010 $56.33 Available Jul 1