Farrukh Taburov


Status: Paying Back

$1,200.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Farrukh Taburov
Location: Istaravshan, Tajikistan
Activity: Farming

About the Loan

Loan Amount: $1,200.00
Loan Use: To purchase insecticide as well as seed and fertilizer
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Aug 19, 2009
Date Disbursed: Aug 17, 2009
Date Funded:Aug 23, 2009

About the Country

Country:Tajikistan
Avg Annual Income:$1,388.00
Currency:United States Dollars (USD)



Taburov Farrukh is a 29-year-old man. His wife works as a housekeeper, and they have four children. His family plans include moving forward with crop production so that he can financially support his children’s studies.

Farrukh has been working in agriculture for five years. The biggest problem he faces is that pest insects have affected his crops, and he does not have enough money to deal with the problem. He is requesting this loan in order to use it for his crops, thus thwarting losses.

Agriculture is his family’s source of income. For this reason, Farrukh gives thanks to IMON and Kiva for the support they are giving him with this loan, which will be of great benefit to his crops.


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 Farrukh Taburov


Loan has been disbursed
 
Entrepreneur: Farrukh Taburov
Location: Istaravshan, Tajikistan

Thank you for your loan. It has been disbursed to Farrukh Taburov 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 Istaravshan, Tajikistan
Aug 24, 2009
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Kiva Help Repayment Schedule for Farrukh Taburov

  Expected Repayments Actual Repayments Comments
January 2010 $289.70 Available Jan 1  
February 2010 $296.46 Available Feb 1  
March 2010 $303.38 Available Mar 1  
April 2010 $310.46 Available Apr 1