Mukaddas Ikromova


Status: Paying Back

$475.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Mukaddas Ikromova
Location: Khujand, Tajikistan
Activity: Livestock

About the Loan

Loan Amount: $475.00
Loan Use: Purchasing calves in order to expand the business
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 15, 2009
Date Disbursed: Oct 5, 2009
Date Funded:Oct 15, 2009

About the Country

Country:Tajikistan
Avg Annual Income:$1,388.00
Currency:Tajikistan Somoni (TJS)
Exchange Rate:4.3800 TJS = 1 USD



Mukaddas is a hard-working person and over many years, this has allowed her to earn enough income to help her husband with family expenses. She is devoted to the raising of animals, especially cows which she buys and after fattening sells in the local market. In this manner, she obtains the income that she needs. In order to increase her income and revitalize her business, Mukaddas is requesting a loan of 2000 Somoni for purchasing calves. This purchase will enable her to increase her sales, to earn more, and to meet the needs of her children.




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 Mukaddas Ikromova


Loan has been disbursed
 
Entrepreneur: Mukaddas Ikromova
Location: Khujand, Tajikistan

Thank you for your loan. It has been disbursed to Mukaddas Ikromova 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
Oct 16, 2009
Comment on this entry

Kiva Help Repayment Schedule for Mukaddas Ikromova

  Expected Repayments Actual Repayments Comments
January 2010 $31.61 Available Jan 1  
February 2010 $32.88 Available Feb 1  
March 2010 $34.19 Available Mar 1  
April 2010 $35.56 Available Apr 1  
May 2010 $36.98 Available May 1  
June 2010 $38.46 Available Jun 1  
July 2010 $39.99 Available Jul 1  
August 2010 $41.60 Available Aug 1  
September 2010 $43.27 Available Sep 1  
October 2010 $44.99 Available Oct 1  
November 2010 $46.79 Available Nov 1  
December 2010 $48.68 Available Dec 1