Azimjon Poshoev


Status: Paying Back

$2,300.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Azimjon Poshoev
Location: Istaravshan, Tajikistan
Activity: Farming

About the Loan

Loan Amount: $2,300.00
Loan Use: Purchasing the seeds and fertilizer
Repayment Term: 12 months - View details below
Lenders Repaid: Irregularly
Currency Exchange Loss: N/A
Date Listed: Aug 21, 2009
Date Disbursed: Aug 19, 2009
Date Funded:Aug 27, 2009

About the Country

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



Poshoev Azimjon is 37 years old and lives with his wife and their three children. Azimjon says he comes from a humble family and from a very young age, he helped his father in the fields, which is why he never finished his studies. Despite that, he grows grapes on his farming land. Azimjon comments that he is very thankful for what he has and thanks to the dedication and support from his family, he can have a dignified life and give a better life to his children. At this time, Azimjon is applying for a loan in order to buy more raw material such as: seeds, insecticides, fertilizers, chemical products, etc. that help him cultivate more.


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 Azimjon Poshoev


Loan has been disbursed
 
Entrepreneur: Azimjon Poshoev
Location: Istaravshan, Tajikistan

Thank you for your loan. It has been disbursed to Azimjon Poshoev by IMON International in Tajikistan. We are excited to watch this business grow. Over the 9 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 28, 2009
Comment on this entry

Kiva Help Repayment Schedule for Azimjon Poshoev

  Expected Repayments Actual Repayments Comments
March 2010 $361.57 Available Mar 1  
April 2010 $370.01 Available Apr 1  
May 2010 $378.64 Available May 1  
June 2010 $387.48 Available Jun 1  
July 2010 $396.52 Available Jul 1  
August 2010 $405.78 Available Aug 1