Aktam Kabilov


Status: Paying Back

$700.00   Loan Amount
33% repaid

About the Entrepreneur

Name: Aktam Kabilov
Location: Tursunzade, Tajikistan
Activity: Food Production/Sales

About the Loan

Loan Amount: $700.00
Loan Use: To purchase supplies of foodstuffs for preparing “sambusa” pies and improve his business.
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 18, 2009
Date Disbursed: Jul 8, 2009
Date Funded:Jul 21, 2009

About the Country

Country:Tajikistan
Avg Annual Income:$1,388.00
Currency:Tajikistan Somoni (TJS)
Exchange Rate:4.3924 TJS = 1 USD



This is Kabilov Aktam. He is married with 5 children. Kabilov is filled with enthusiasm and works hard preparing and selling the a local pie called “sambusa” . In a small place which he rents, he makes the pies with course flour and meat baked in coals according to the old recipes. He has big plans and dreams of improving his business. When he was very young, Aktam learned a great deal about sambusa preparation from his mother and that is why he decided to dedicate himself to this work. His goal is to have his own place where he can offer more comforts to his customers, and he'd like to buy a refrigerator so he can begin to offer cold drinks as well. Aktam is requesting an individual loan of 3000 Somoni. He wants to purchase the necessary supplies of foodstuffs for preparing “sambusa” pies and also to improve his business. He is very motivated to grow his business and increase his income. With his efforts, and your important contribution, Aktam can reach his goals.


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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Loan has been disbursed
 
Entrepreneur: Aktam Kabilov
Location: Tursunzade, Tajikistan

Thank you for your loan. It has been disbursed to Aktam Kabilov by IMON International in Tajikistan. We are excited to watch this business grow. Over the 8 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 22, 2009
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Kiva Help Repayment Schedule for Aktam Kabilov

  Expected Repayments Actual Repayments Comments
October 2009 $75.97 $75.97 Repayment Received
November 2009 $79.01 $79.01 Repayment Received
December 2009 $82.17 $82.17 Repayment Received
January 2010 $85.45 Available Jan 1  
February 2010 $88.87 Available Feb 1  
March 2010 $92.43 Available Mar 1  
April 2010 $96.12 Available Apr 1  
May 2010 $99.98 Available May 1