Sherali Salimov


Status: Paying Back

$1,500.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Sherali Salimov
Location: Dushanbe, Tajikistan
Activity: Clothing Sales

About the Loan

Loan Amount: $1,500.00
Loan Use: To purchase new clothing to sell
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Oct 20, 2009
Date Disbursed: Oct 14, 2009
Date Funded:Nov 15, 2009

About the Country

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



Sherali Salimov is a young married man with two children. Faced with high unemployment in his country, it proved very hard for him to find a job. Therefore, he began to start his own business selling teenager’s clothing and headdresses. Fortunately, he has had good sales. His business is growing because of the quality of his products and the good service he provides.


Sherali now needs a loan of $1,500 USD, which he will use to buy goods to meet his customers’ demand. Sherali is very thankful for your help, which allows him to improve his service and the quality of life for his family.


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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Good Dogg
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Brussels,
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Eric
Amsterdam, Noord-Holland
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robocombot
London, Essex
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Saskatoon, Saskatchewan
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Rebekah
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Olivier
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Stanford, CA
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Jim
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Monali
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Brian
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Anonymous
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Steve and Abby
Ann Arbor, MI
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Bruce
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J & J
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Federico
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Mark
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Journal entries for Sherali Salimov


Loan to Sherali Salimov in Tajikistan has been 100% funded
 
Entrepreneur: Sherali Salimov
Location: Dushanbe, Tajikistan

Thanks to you and 55 other Kiva Lenders, the 1500.00 loan requested by Sherali Salimov in Tajikistan has been 100% funded. The loan will be used for the purpose of: To purchase new clothing to sell.

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 Dushanbe, Tajikistan
Nov 15, 2009
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Kiva Help Repayment Schedule for Sherali Salimov

  Expected Repayments Actual Repayments Comments
January 2010 $109.76 Available Jan 1  
February 2010 $112.32 Available Feb 1  
March 2010 $114.94 Available Mar 1  
April 2010 $117.62 Available Apr 1  
May 2010 $120.37 Available May 1  
June 2010 $123.18 Available Jun 1  
July 2010 $126.05 Available Jul 1  
August 2010 $128.99 Available Aug 1  
September 2010 $132.00 Available Sep 1  
October 2010 $135.08 Available Oct 1  
November 2010 $138.23 Available Nov 1  
December 2010 $141.46 Available Dec 1