Subatullo Shodimurotov


Status: Paying Back

$1,100.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Subatullo Shodimurotov
Location: Istaravshan, Tajikistan
Activity: Farming

About the Loan

Loan Amount: $1,100.00
Loan Use: Purchasing seeds and mineral fertilizer
Repayment Term: 8 months - View details below
Lenders Repaid: Irregularly
Currency Exchange Loss: N/A
Date Listed: Jul 17, 2009
Date Disbursed: Jul 7, 2009
Date Funded:Jul 20, 2009

About the Country

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



Subatullo Shodimurotov was born in 1968. He is married with two children. As an aspiring and hard-working man, he has always dreamed of achieving success in whatever he does. For the past 12 years, Subatullo has been growing wheat and potatoes on his land. His sons help him with the business.

Subatullo wants his children to get a good education, thus allowing them to have a better chance to succeed in the future -- this is what makes his sacrifice worthwhile.

Currently Subatullo requests $1,100 USD in order to buy seeds and mineral fertilizer. He plans to use the profits from his business to educate his children, improve the structure of his home and improve the standard of living of his 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 percent of the country is mountainous and only 7 percent 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 Subatullo Shodimurotov


Loan has been disbursed
 
Entrepreneur: Subatullo Shodimurotov
Location: Istaravshan, Tajikistan

Thank you for your loan. It has been disbursed to Subatullo Shodimurotov by IMON International in Tajikistan. We are excited to watch this business grow. Over the 6 months of this loan, IMON International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Istaravshan, Tajikistan
Jul 21, 2009
Comment on this entry

Kiva Help Repayment Schedule for Subatullo Shodimurotov

  Expected Repayments Actual Repayments Comments
January 2010 $358.24 Available Jan 1  
February 2010 $366.60 Available Feb 1  
March 2010 $375.16 Available Mar 1