Djabor Achaldiev


Status: Paying Back

$1,375.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Djabor Achaldiev
Location: Kumsangir, Tajikistan
Activity: Grocery Store

About the Loan

Loan Amount: $1,375.00
Loan Use: purchasing more food to increase the range of items sold in his store
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 20, 2009
Date Disbursed: Oct 14, 2009
Date Funded:Nov 6, 2009

About the Country

Country:Tajikistan
Avg Annual Income:$1,388.00
Currency:Tajikistan Somoni (TJS)
Exchange Rate:4.3781 TJS = 1 USD



Achaldiev Djabor is a 53 year old married man with 4 children. After finding it very difficult to get a job and needing to generate an income, he started his own small business selling groceries 5 years ago. Djabor began by selling a small selection of basic products and added to his inventory as he gained more customers. His business has expanded greatly thanks to his efforts and he was recently able to purchase a larger refrigerator. Djabor is requesting a loan of 6000 Somoni to purchase additional merchandise to stock his store and meet his customers' demand. Your support will help improve his life and expand his business. Thank you!

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 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. Even today, moreover, it is a complex mixture of the Islamic faith, Soviet culture, New West culture and Central Asian traditions.

Unfortunately, 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 Djabor Achaldiev


Loan has been disbursed
 
Entrepreneur: Djabor Achaldiev
Location: Kumsangir, Tajikistan

Thank you for your loan. It has been disbursed to Djabor Achaldiev by IMON International in Tajikistan. We are excited to watch this business grow. Over the 18 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
Nov 7, 2009
Comment on this entry

Kiva Help Repayment Schedule for Djabor Achaldiev

  Expected Repayments Actual Repayments Comments
January 2010 $53.62 Available Jan 1  
February 2010 $55.76 Available Feb 1  
March 2010 $57.99 Available Mar 1  
April 2010 $60.31 Available Apr 1  
May 2010 $62.72 Available May 1  
June 2010 $65.23 Available Jun 1  
July 2010 $67.84 Available Jul 1  
August 2010 $70.56 Available Aug 1  
September 2010 $73.38 Available Sep 1  
October 2010 $76.31 Available Oct 1  
November 2010 $79.36 Available Nov 1  
December 2010 $82.54 Available Dec 1  
January 2011 $85.84 Available Jan 1  
February 2011 $89.28 Available Feb 1  
March 2011 $92.84 Available Mar 1  
April 2011 $96.56 Available Apr 1  
May 2011 $100.42 Available May 1  
June 2011 $104.44 Available Jun 1