Abduahat Karimov


Status: Paying Back

$800.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Abduahat Karimov
Location: Isfara, Tajikistan
Activity: Cattle

About the Loan

Loan Amount: $800.00
Loan Use: To buy calves and construction materials for improving his cattle-shed
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Oct 8, 2009
Date Disbursed: Oct 6, 2009
Date Funded:Oct 23, 2009

About the Country

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



Abduahat is a small producer in the city of Isfara in Tajikistan. Together with his wife they’ve been raising cattle for more than fifteen years. This produces the income which allows him to feed his two children and his wife. As well as caring for his livestock, he also cultivates agricultural crops such as wheat which helps with the family's diet and provides additional income.

Abduahat has asked for this loan to buy young cattle in order to obtain a better profit. His greatest wish is to be able to improve his farm by constructing enclosures and establishing better grazing for his livestock.


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 B.C. 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 Abduahat Karimov


Loan has been disbursed
 
Entrepreneur: Abduahat Karimov
Location: Isfara, Tajikistan

Thank you for your loan. It has been disbursed to Abduahat Karimov 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
Oct 24, 2009
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Kiva Help Repayment Schedule for Abduahat Karimov

  Expected Repayments Actual Repayments Comments
January 2010 $71.95 Available Jan 1  
February 2010 $73.63 Available Feb 1  
March 2010 $75.35 Available Mar 1  
April 2010 $77.11 Available Apr 1  
May 2010 $78.91 Available May 1  
June 2010 $80.75 Available Jun 1  
July 2010 $82.63 Available Jul 1  
August 2010 $84.56 Available Aug 1  
September 2010 $86.53 Available Sep 1  
October 2010 $88.58 Available Oct 1