Karomat Hasanova


Status: Paying Back

$2,300.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Karomat Hasanova
Location: Shahrituz, Tajikistan
Activity: Food Market

About the Loan

Loan Amount: $2,300.00
Loan Use: Increasing of the stock, purchasing goods for selling
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 16, 2009
Date Disbursed: Oct 14, 2009
Date Funded:Oct 16, 2009

About the Country

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



Hasanova Karomat is 47 is years old. She is widow and mother of three children. Karomat is working hard to ensure the best future for her children. Karomat has been running her own small business for 12 years already. She has a place in the central local market for selling foodstuff such as sugar, tea, sweets, eggs and other items. She works from 8:00 a.m. till 5:00 p.m. The business is stable that allows her to improve the level of living condition of her family. Now Karomat needs a loan of 10000 Somoni for increasing the range of her selling goods. Karomat and her children are 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 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 Karomat Hasanova


Loan has been disbursed
 
Entrepreneur: Karomat Hasanova
Location: Shahrituz, Tajikistan

Thank you for your loan. It has been disbursed to Karomat Hasanova by IMON International in Tajikistan. We are excited to watch this business grow. Over the 9 months of this loan, IMON International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Shahrituz, Tajikistan
Oct 17, 2009
Comment on this entry

Kiva Help Repayment Schedule for Karomat Hasanova

  Expected Repayments Actual Repayments Comments
January 2010 $217.33 Available Jan 1  
February 2010 $226.03 Available Feb 1  
March 2010 $235.07 Available Mar 1  
April 2010 $244.47 Available Apr 1  
May 2010 $254.25 Available May 1  
June 2010 $264.42 Available Jun 1  
July 2010 $275.00 Available Jul 1  
August 2010 $285.99 Available Aug 1  
September 2010 $297.44 Available Sep 1