Raufboy Ashurov


Status: Paying Back

$1,600.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Raufboy Ashurov
Location: Khujand, Tajikistan
Activity: Farming

About the Loan

Loan Amount: $1,600.00
Loan Use: To purchase fertilizer.
Repayment Term: 14 months - View details below
Lenders Repaid: Irregularly
Currency Exchange Loss: Covered
Date Listed: Sep 24, 2009
Date Disbursed: Sep 16, 2009
Date Funded:Oct 17, 2009

About the Country

Country:Tajikistan
Avg Annual Income:$1,388.00
Currency:Tajikistan Somoni (TJS)
Exchange Rate:4.3899 TJS = 1 USD



Raufboy Ashurov is a married father of three children. He is a farmer, and in spite of his youth he supports his family with hard work and dedication. He is always in the fields growing grapes, leaving early in the morning to water the fields and then fertilize and fumigate the crops. This work is satisfying, and it enables him to purchase goods for his home. Raufboy would like to request a loan of 7000 Somoni which he can use to buy necessary farm inputs like fertilizers since they are very expensive. He is very optimistic that this amount will improve his yield and he hopes to have a continuous partnership with the lenders. Raufboy always makes sure that he respects the people around him since he believes that respect begets respect.

About Tajikistan:
Tajikistan is known for its rich history, which includes being 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 Raufboy Ashurov


Loan has been disbursed
 
Entrepreneur: Raufboy Ashurov
Location: Khujand, Tajikistan

Thank you for your loan. It has been disbursed to Raufboy Ashurov by IMON International in Tajikistan. We are excited to watch this business grow. Over the 11 months of this loan, IMON International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Khujand, Tajikistan
Oct 18, 2009
Comments (1)

Kiva Help Repayment Schedule for Raufboy Ashurov

  Expected Repayments Actual Repayments Comments
May 2010 $202.58 Available May 1  
June 2010 $210.67 Available Jun 1  
July 2010 $219.11 Available Jul 1  
August 2010 $227.87 Available Aug 1  
September 2010 $236.99 Available Sep 1  
October 2010 $246.46 Available Oct 1  
November 2010 $256.32 Available Nov 1