Djumaboy Begmatov


Status: Paying Back

$1,825.00   Loan Amount
30% repaid

About the Entrepreneur

Name: Djumaboy Begmatov
Location: Dushanbe, Tajikistan
Activity: Pharmacy

About the Loan

Loan Amount: $1,825.00
Loan Use: Purchasing medicaments for expanding the business
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Aug 17, 2009
Date Disbursed: Aug 12, 2009
Date Funded:Aug 18, 2009

About the Country

Country:Tajikistan
Avg Annual Income:$1,388.00
Currency:Tajikistan Somoni (TJS)
Exchange Rate:4.3897 TJS = 1 USD



Begmatov Djumaboy is 37 years old. Together with his wife they’ve raised 4 children. Djumaboy is running the drug store already for 12 years. He is selling only certified medicines. The drug store is located in the center of the town which allows him to have many clients and customers. Djumaboy is the client of IMON for 3 years. Now he requests 8000 Somoni. Being very accurate person by his nature Djumaboy is sure and would like to ensure the lenders that he is able to pay the loan in time without any violations. Your generosity can change their lives.


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 Djumaboy Begmatov


Loan has been disbursed
 
Entrepreneur: Djumaboy Begmatov
Location: Dushanbe, Tajikistan

Thank you for your loan. It has been disbursed to Djumaboy Begmatov by IMON International in Tajikistan. We are excited to watch this business grow. Over the 6 months of this loan, IMON International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Dushanbe, Tajikistan
Aug 19, 2009
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Kiva Help Repayment Schedule for Djumaboy Begmatov

  Expected Repayments Actual Repayments Comments
November 2009 $276.30 $276.30 Repayment Received
December 2009 $286.88 $286.88 Repayment Received
January 2010 $297.89 Available Jan 1  
February 2010 $309.30 Available Feb 1  
March 2010 $321.16 Available Mar 1  
April 2010 $333.47 Available Apr 1