Sitora Shoeva


Status: Paying Back

$700.00   Loan Amount
13% repaid

About the Entrepreneur

Name: Sitora Shoeva
Location: Dushanbe, Tajikistan
Activity: Tailoring

About the Loan

Loan Amount: $700.00
Loan Use: Purchasing fabrics for sewing national dresses for women
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Aug 25, 2009
Date Disbursed: Aug 19, 2009
Date Funded:Aug 25, 2009

About the Country

Country:Tajikistan
Avg Annual Income:$1,388.00
Currency:Tajikistan Somoni (TJS)
Exchange Rate:4.3896 TJS = 1 USD



Shoeva Sitora is 21 years old. She is not married and living with her parents. She has a tailoring business at tailor shop. Her business is sewing women national dresses. Her workmanship is very good and she has a good eye for design. She is very organized and with a good head for business. She has had this business for 4 years and this is her second loan from IMON International. With her loan, Sitora is planning to purchase new modern fabrics. Help this family with improving the quality of their life by contributing to the growth of Sitora’s business. They will sincerely thank you for it.


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 Sitora Shoeva


Loan has been disbursed
 
Entrepreneur: Sitora Shoeva
Location: Dushanbe, Tajikistan

Thank you for your loan. It has been disbursed to Sitora Shoeva 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 Dushanbe, Tajikistan
Aug 26, 2009
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Kiva Help Repayment Schedule for Sitora Shoeva

  Expected Repayments Actual Repayments Comments
November 2009 $46.59 $46.59 Repayment Received
December 2009 $48.45 $48.45 Repayment Received
January 2010 $50.39 Available Jan 1  
February 2010 $52.40 Available Feb 1  
March 2010 $54.50 Available Mar 1  
April 2010 $56.68 Available Apr 1  
May 2010 $58.95 Available May 1  
June 2010 $61.31 Available Jun 1  
July 2010 $63.75 Available Jul 1  
August 2010 $66.31 Available Aug 1  
September 2010 $68.96 Available Sep 1  
October 2010 $71.71 Available Oct 1