Mengmahmat Bozorov


Status: Paying Back

$3,000.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Mengmahmat Bozorov
Location: Kumsangir, Tajikistan
Activity: Farming

About the Loan

Loan Amount: $3,000.00
Loan Use: To purchasing seed, mineral fertilizer, fuels, and lubricants.
Repayment Term: 12 months - View details below
Lenders Repaid: Irregularly
Currency Exchange Loss: N/A
Date Listed: Oct 13, 2009
Date Disbursed: Oct 8, 2009
Date Funded:Oct 26, 2009

About the Country

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



Bozorov Mengmahmat, age 49, is married with five children. Mengmahmat is a farmer. He tells us that he comes from a farming family and that he does very well financially because he takes good care of his land. Thanks to his savings, he has been able to arrange for the marriage of his elder son. His wife is his biggest supporter. She helps him in anything she can and takes good care of him and the house.


With this loan, Mengmahmat would like to expand his irrigation system, which is fundamental when it comes to farming. The loan will greatly improve Mengmahmat’s income and his family's living standards.


Mengmahmat and his family appreciate your support in helping him improve his business.


More about Tajikistan


Tajikistan is perhaps best known for its rich history, which includes being a key post along the Silk Road and being the location of the end of the rule of Alexander the Great. It is also known for its famous great thinkers, philosophers, scientists and poets, such as Rudaki, Ibn Sina (Avicenna), Firdousi, Omar Haiyam, Jomi, Mavlavi Rumi, and many others. The country, filled with epic mountain passes, is home to communities that still speak the ancient Sogdian language, and boasts a civilization that dates back to the fourth millennium BC. 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 percent of the country is mountainous and only 7 percent 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.


More about IMON International


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 Mengmahmat Bozorov


Loan has been disbursed
 
Entrepreneur: Mengmahmat Bozorov
Location: Kumsangir, Tajikistan

Thank you for your loan. It has been disbursed to Mengmahmat Bozorov 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 Kumsangir, Tajikistan
Oct 27, 2009
Comments (1)

Kiva Help Repayment Schedule for Mengmahmat Bozorov

  Expected Repayments Actual Repayments Comments
July 2010 $724.25 Available Jul 1  
August 2010 $741.15 Available Aug 1  
September 2010 $758.44 Available Sep 1  
October 2010 $776.16 Available Oct 1