Halimajon Abdumajidova


Status: Paying Back

$2,075.00   Loan Amount
20% repaid

About the Entrepreneur

Name: Halimajon Abdumajidova
Location: Khujand, Tajikistan
Activity: Sewing

About the Loan

Loan Amount: $2,075.00
Loan Use: To purchase materials for sewing national dresses
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 18, 2009
Date Disbursed: Jul 6, 2009
Date Funded:Jul 18, 2009

About the Country

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



Abdumajidova Halimajon is an enterprising woman with a big desire to improve the quality of life of her family. She is a widow and has a son. Halimajon has been a seamstress since she was very young having learned in tailoring school. She has been successful because her customers recognize the high quality of her products. She is constantly adding new clients and has seen her business grow. Today Halimajon is applying for a loan from IMON International for the fourth time. She is requesting a loan of 9100 Somoni to purchase more materials for sewing national dresses. You can help improve the quality of life of Halimajon’s family.


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 Halimajon Abdumajidova


Loan has been disbursed
 
Entrepreneur: Halimajon Abdumajidova
Location: Khujand, Tajikistan

Thank you for your loan. It has been disbursed to Halimajon Abdumajidova 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 19, 2009
Comments (1)

Kiva Help Repayment Schedule for Halimajon Abdumajidova

  Expected Repayments Actual Repayments Comments
October 2009 $138.09 $138.09 Repayment Received
November 2009 $143.62 $143.62 Repayment Received
December 2009 $149.36 $149.36 Repayment Received
January 2010 $155.34 Available Jan 1  
February 2010 $161.55 Available Feb 1  
March 2010 $168.01 Available Mar 1  
April 2010 $174.73 Available Apr 1  
May 2010 $181.72 Available May 1  
June 2010 $188.99 Available Jun 1  
July 2010 $196.55 Available Jul 1  
August 2010 $204.41 Available Aug 1  
September 2010 $212.63 Available Sep 1