Gairat Faizulloev


Status: Paying Back

$700.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Gairat Faizulloev
Location: Dj.rasulov, Tajikistan
Activity: Cattle

About the Loan

Loan Amount: $700.00
Loan Use: To purchase more young cattle to raise
Repayment Term: 14 months - View details below
Lenders Repaid: Irregularly
Currency Exchange Loss: Covered
Date Listed: Jul 27, 2009
Date Disbursed: Jul 15, 2009
Date Funded:Jul 27, 2009

About the Country

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



Faizulloev Gairat has worked for many years in the difficult business of raising cattle. He is an exemplary husband in that he always tries his hardest to provide food for his wife and two children in their home.

After purchasing his cattle, Gairat provides them with all the right conditions for their growth: taking care of their food and protection and making sure they don’t get lost. Once they’re fully mature, Gairat sells them in his area and also provides their milk for sale. His wife (pictured) helps him with taking care of and feeding his animals.

Currently Gairat needs to purchase cattle to raise and for this reason is turning to IMON International to obtain a loan of 3,000 Somoni. He thanks Kiva for the support that it presents to small entrepreneurs.


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 B.C. 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 Gairat Faizulloev


Loan has been disbursed
 
Entrepreneur: Gairat Faizulloev
Location: Dj.rasulov, Tajikistan

Thank you for your loan. It has been disbursed to Gairat Faizulloev by IMON International in Tajikistan. We are excited to watch this business grow. Over the 11 months of this loan, IMON International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Dj.rasulov, Tajikistan
Jul 28, 2009
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Kiva Help Repayment Schedule for Gairat Faizulloev

  Expected Repayments Actual Repayments Comments
January 2010 $66.15 Available Jan 1  
February 2010 $68.79 Available Feb 1  
March 2010 $71.54 Available Mar 1  
April 2010 $74.40 Available Apr 1  
May 2010 $77.38 Available May 1  
June 2010 $80.48 Available Jun 1  
July 2010 $83.70 Available Jul 1  
August 2010 $87.04 Available Aug 1  
September 2010 $90.52 Available Sep 1