Naimdjon Ashurov


Status: Paying Back

$1,150.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Naimdjon Ashurov
Location: Shahrituz, Tajikistan
Activity: Clothing Sales

About the Loan

Loan Amount: $1,150.00
Loan Use: Purchase supplies of men's clothing for resale.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 16, 2009
Date Disbursed: Oct 8, 2009
Date Funded:Nov 14, 2009

About the Country

Country:Tajikistan
Avg Annual Income:$1,388.00
Currency:Tajikistan Somoni (TJS)
Exchange Rate:4.3782 TJS = 1 USD



Ashurov Naimdjon is married. His wife is a homemaker and they have two children. He has always been a hard worker, someone who started at an early age helping his mother with her clothing business and contributing his earnings to the family from the time he was young.

When Naimdjon married, his expenses increased and he had to strike out on his own to build a business that would support his own family. With the help of his father, he started his own clothing sales business and his wife helped him in her spare time. His business has grown little by little but he wants to continue to grow in order to improve his quality of life.

Naimdjon is asking for a 5000 Somoni loan to buy inventory so that he can continue to increase his business. Naimdjon and his family are very grateful for the support you are providing to help them get ahead.


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 Naimdjon Ashurov


Loan to Naimdjon Ashurov in Tajikistan has been 100% funded
 
Entrepreneur: Naimdjon Ashurov
Location: Shahrituz, Tajikistan

Thanks to you and 39 other Kiva Lenders, the 1150.00 loan requested by Naimdjon Ashurov in Tajikistan has been 100% funded. The loan will be used for the purpose of: Purchase supplies of men's clothing for resale..

Over the months of this loan, Kiva’s Field Partner in Tajikistan, IMON International, will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Shahrituz, Tajikistan
Nov 14, 2009
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Kiva Help Repayment Schedule for Naimdjon Ashurov

  Expected Repayments Actual Repayments Comments
January 2010 $76.53 Available Jan 1  
February 2010 $79.60 Available Feb 1  
March 2010 $82.78 Available Mar 1  
April 2010 $86.09 Available Apr 1  
May 2010 $89.54 Available May 1  
June 2010 $93.11 Available Jun 1  
July 2010 $96.84 Available Jul 1  
August 2010 $100.72 Available Aug 1  
September 2010 $104.74 Available Sep 1  
October 2010 $108.93 Available Oct 1  
November 2010 $113.29 Available Nov 1  
December 2010 $117.83 Available Dec 1