Burkhon Yuldoshev


Status: Paying Back

$650.00   Loan Amount
18% repaid

About the Entrepreneur

Name: Burkhon Yuldoshev
Location: Isfara, Tajikistan
Activity: Animal Sales

About the Loan

Loan Amount: $650.00
Loan Use: Purchasing young cattle
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Aug 24, 2009
Date Disbursed: Aug 13, 2009
Date Funded:Aug 24, 2009

About the Country

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



Yuldoshev Burkhon lives in Isfara, Tajikistan. He is 51 years old, married and has three children. Burkhon is the sole provider for his family and earns his living by raising and selling cows and sheep at the local market. Thanks to his effort some years ago Burkhon was able to arrange the wedding of his son. Once in 2-3 months he purchases young animals from local villagers and raises them over an 8-9 month period and later sells the adult cows and sheep to local butchers. Today Burkhon is thinking about expanding his business, as his current earnings are not enough to provide for his family. He plans to purchase young cattle. That’s why he is requesting a loan of $650 USD. Extend your solidarity to Burkhon so that he can move forth successfully and accomplish all his goals.


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 Burkhon Yuldoshev


Loan has been disbursed
 
Entrepreneur: Burkhon Yuldoshev
Location: Isfara, Tajikistan

Thank you for your loan. It has been disbursed to Burkhon Yuldoshev by IMON International in Tajikistan. We are excited to watch this business grow. Over the 10 months of this loan, IMON International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Isfara, Tajikistan
Aug 25, 2009
Comment on this entry

Kiva Help Repayment Schedule for Burkhon Yuldoshev

  Expected Repayments Actual Repayments Comments
November 2009 $58.46 $58.46 Repayment Received
December 2009 $59.83 $59.83 Repayment Received
January 2010 $61.22 Available Jan 1  
February 2010 $62.65 Available Feb 1  
March 2010 $64.11 Available Mar 1  
April 2010 $65.61 Available Apr 1  
May 2010 $67.14 Available May 1  
June 2010 $68.71 Available Jun 1  
July 2010 $70.31 Available Jul 1  
August 2010 $71.96 Available Aug 1