Shokir Karimov


Status: Paying Back

$1,500.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Shokir Karimov
Location: Isfara, Tajikistan
Activity: Cafe

About the Loan

Loan Amount: $1,500.00
Loan Use: To expand his café
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Oct 8, 2009
Date Disbursed: Oct 2, 2009
Date Funded:Oct 31, 2009

About the Country

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



Karimov Shokir is 41 years old and is married with two children. His wife is the housekeeper.

For more than two years Shokir has been running a small open café where he cooks kebab (pieces of meat roasted or grilled on a skewer or spit). His café is located inside the food market of the city.

Shokir’s children are growing up and, accordingly, their expenses are rising. For this reason he wishes to expand his café in order to make more profit from his business. He requests the loan of 1500 US Dollars in order to increase his capital and expand his business.

With your support, you can improve the quality of life for Shokir and his family and help his business grow and prosper. He is sincerely grateful for your support.


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 Shokir Karimov


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

Thank you for your loan. It has been disbursed to Shokir 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 Isfara, Tajikistan
Nov 1, 2009
Comments (1)

Kiva Help Repayment Schedule for Shokir Karimov

  Expected Repayments Actual Repayments Comments
January 2010 $109.76 Available Jan 1  
February 2010 $112.32 Available Feb 1  
March 2010 $114.94 Available Mar 1  
April 2010 $117.62 Available Apr 1  
May 2010 $120.37 Available May 1  
June 2010 $123.18 Available Jun 1  
July 2010 $126.05 Available Jul 1  
August 2010 $128.99 Available Aug 1  
September 2010 $132.00 Available Sep 1  
October 2010 $135.08 Available Oct 1  
November 2010 $138.23 Available Nov 1  
December 2010 $141.46 Available Dec 1