Abduhalim Aminjonov


Status: Paying Back

$2,600.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Abduhalim Aminjonov
Location: Khujand, Tajikistan
Activity: Taxi

About the Loan

Loan Amount: $2,600.00
Loan Use: Purchasing a new car for improving business
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Oct 9, 2009
Date Disbursed: Oct 6, 2009
Date Funded:Nov 3, 2009

About the Country

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



Abduhalim is married with a three children. He had to find a way to support his family and that is how he ended up as a taxi driver. He owns a car and provides transportation services throughout Khujand, Tajikistan. The business is the only source of income for his family. Abduhalim works very hard, sometimes without days off or vacation, in order to bring in enough income. Abduhalim has been in this business for 3 years. His determination and strong will to succeed have helped him keep his business stable and sustainable and have promoted its expansion. Abduhalim would like to get a loan for $2600 USD in order to replace his car with the new one. With that way he will improve his business and earn more money by attracting more clients. We are confident that the modesty, diligence and responsibility that have helped Abduhalim develop his venture and gain a good reputation among other taxi drivers will help him promptly repay this loan and allow him to succeed in his business endeavors.

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 Abduhalim Aminjonov


Loan has been disbursed
 
Entrepreneur: Abduhalim Aminjonov
Location: Khujand, Tajikistan

Thank you for your loan. It has been disbursed to Abduhalim Aminjonov 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 Khujand, Tajikistan
Nov 4, 2009
Comment on this entry

Kiva Help Repayment Schedule for Abduhalim Aminjonov

  Expected Repayments Actual Repayments Comments
January 2010 $190.25 Available Jan 1  
February 2010 $194.69 Available Feb 1  
March 2010 $199.24 Available Mar 1  
April 2010 $203.88 Available Apr 1  
May 2010 $208.64 Available May 1  
June 2010 $213.51 Available Jun 1  
July 2010 $218.49 Available Jul 1  
August 2010 $223.59 Available Aug 1  
September 2010 $228.81 Available Sep 1  
October 2010 $234.15 Available Oct 1  
November 2010 $239.61 Available Nov 1  
December 2010 $245.14 Available Dec 1