Amadali Karimov


Status: Paying Back

$1,000.00   Loan Amount
7% repaid

About the Entrepreneur

Name: Amadali Karimov
Location: Shahrituz, Tajikistan
Activity: Food Market

About the Loan

Loan Amount: $1,000.00
Loan Use: Purchasing foodstuffs for resale
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Sep 17, 2009
Date Disbursed: Sep 8, 2009
Date Funded:Sep 22, 2009

About the Country

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



Karimov Amadali is 55 years old, married, and together with his wife, he has 4 children. Amadali runs the family business, which is a convenience store that sells all kinds of much-needed items like oil, sugar, tea, coffee, macaroni, and many others. He's been in this business for more than 14 years.



Amadali says that the business is going very well and is generating good earnings, and now he's planning to increase the range goods. The loan he's requesting will help Amadali meet 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 Amadali Karimov


Loan has been disbursed
 
Entrepreneur: Amadali Karimov
Location: Shahrituz, Tajikistan

Thank you for your loan. It has been disbursed to Amadali Karimov 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 Shahrituz, Tajikistan
Sep 23, 2009
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Kiva Help Repayment Schedule for Amadali Karimov

  Expected Repayments Actual Repayments Comments
December 2009 $73.18 $73.18 Repayment Received
January 2010 $74.88 Available Jan 1  
February 2010 $76.63 Available Feb 1  
March 2010 $78.42 Available Mar 1  
April 2010 $80.25 Available Apr 1  
May 2010 $82.12 Available May 1  
June 2010 $84.04 Available Jun 1  
July 2010 $86.00 Available Jul 1  
August 2010 $88.01 Available Aug 1  
September 2010 $90.06 Available Sep 1  
October 2010 $92.16 Available Oct 1  
November 2010 $94.25 Available Nov 1