Oisha Sattorova


Status: Paying Back

$700.00   Loan Amount
20% repaid

About the Entrepreneur

Name: Oisha Sattorova
Location: Gafurov, Tajikistan
Activity: Clothing Sales

About the Loan

Loan Amount: $700.00
Loan Use: Purchasing new traditional dresses for women
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 20, 2009
Date Disbursed: Jul 15, 2009
Date Funded:Jul 21, 2009

About the Country

Country:Tajikistan
Avg Annual Income:$1,388.00
Currency:Tajikistan Somoni (TJS)
Exchange Rate:4.3920 TJS = 1 USD



For the past 3 years, Oisha has had her own business selling traditional dresses for women in the market. She has been a tailor for many years and together with the help of her daughter (pictured), Oisha sews and then sells the traditional women's dresses in the market. She started her own business because she knew it would bring in good returns. Not only does it help meet the needs of herself and her husband, but she is also able to help her parents and her grandchildren financially. Oisha is requesting a loan to help purchase new inventory in order to fill all her orders from her buyers.



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 Oisha Sattorova


Loan has been disbursed
 
Entrepreneur: Oisha Sattorova
Location: Gafurov, Tajikistan

Thank you for your loan. It has been disbursed to Oisha Sattorova 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 Gafurov, Tajikistan
Jul 22, 2009
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Kiva Help Repayment Schedule for Oisha Sattorova

  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