Mirzo Saidahmadov


Status: Paying Back

$2,800.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Mirzo Saidahmadov
Location: Kumsangir, Tajikistan
Activity: Farming

About the Loan

Loan Amount: $2,800.00
Loan Use: Purchasing seeds, fertilizer, fuels and lubricants
Repayment Term: 12 months - View details below
Lenders Repaid: Irregularly
Currency Exchange Loss: N/A
Date Listed: Oct 16, 2009
Date Disbursed: Oct 14, 2009
Date Funded:Oct 17, 2009

About the Country

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



Saidahmadov Mirzo was born in 1969 in the Kumsangir district, where he now works as a farmer. He is married and has six children. His main business is agriculture, which provides him with the means to meet the needs of his family. Mirzo owns a large piece of land where he cultivates different kinds of vegetables but due to the poor quality of the soil and the insects, he is no longer able to satisfy market demand. Very hard-working, he is asking for a loan of $2,800 to buy seeds, fertilizer, fuels and lubricants. The money he is requesting will help guarantee a high-quality harvest for which Mirzo and his entire family are very thankful.

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 B.C. 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 Mirzo Saidahmadov


Loan has been disbursed
 
Entrepreneur: Mirzo Saidahmadov
Location: Kumsangir, Tajikistan

Thank you for your loan. It has been disbursed to Mirzo Saidahmadov 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 18, 2009
Comment on this entry

Kiva Help Repayment Schedule for Mirzo Saidahmadov

  Expected Repayments Actual Repayments Comments
July 2010 $675.97 Available Jul 1  
August 2010 $691.74 Available Aug 1  
September 2010 $707.88 Available Sep 1  
October 2010 $724.41 Available Oct 1