Hakima Ergasheva


Status: Paying Back

$475.00   Loan Amount
13% repaid

About the Entrepreneur

Name: Hakima Ergasheva
Location: Tursunzade, Tajikistan
Activity: Fruits & Vegetables

About the Loan

Loan Amount: $475.00
Loan Use: To increase her range of vegetables
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Aug 13, 2009
Date Disbursed: Aug 5, 2009
Date Funded:Aug 14, 2009

About the Country

Country:Tajikistan
Avg Annual Income:$1,388.00
Currency:Tajikistan Somoni (TJS)
Exchange Rate:4.3901 TJS = 1 USD



Hakima is a hardworking woman and, since 1999, has dedicated herself to selling a variety of vegetables in the central market of Tursunzade. She characterized herself as happy and humble. She started her business with her savings which she had accumulated over a long period of time.

Hakima is the mother of three children that she would like to offer an education as they are minors. Her biggest dream is to prepare her children to have professions so they don't have to suffer like she did since childhood, working hard labor.

To realize this dream, Hakima now requests 2,000 Somoni. With this loan she wants to buy more goods to increase her earnings.


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 Hakima Ergasheva


Loan has been disbursed
 
Entrepreneur: Hakima Ergasheva
Location: Tursunzade, Tajikistan

Thank you for your loan. It has been disbursed to Hakima Ergasheva 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 Tursunzade, Tajikistan
Aug 15, 2009
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Kiva Help Repayment Schedule for Hakima Ergasheva

  Expected Repayments Actual Repayments Comments
November 2009 $31.61 $31.61 Repayment Received
December 2009 $32.88 $32.88 Repayment Received
January 2010 $34.19 Available Jan 1  
February 2010 $35.56 Available Feb 1  
March 2010 $36.98 Available Mar 1  
April 2010 $38.46 Available Apr 1  
May 2010 $39.99 Available May 1  
June 2010 $41.60 Available Jun 1  
July 2010 $43.27 Available Jul 1  
August 2010 $44.99 Available Aug 1  
September 2010 $46.79 Available Sep 1  
October 2010 $48.68 Available Oct 1