Mavluda Toshkhonova


Status: Paying Back

$925.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Mavluda Toshkhonova
Location: Dushanbe, Tajikistan
Activity: Clothing Sales

About the Loan

Loan Amount: $925.00
Loan Use: To increase working capital to expand the business
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 20, 2009
Date Disbursed: Oct 13, 2009
Date Funded:Oct 21, 2009

About the Country

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



Mavluda Toshkhonova is a married woman with three children. She started her business out of economic necessity; her husband's salary was not enough to meet their family's expenses. Mavluda began to consider what work she could do to help her family.


About six years ago, one of her friends recommended she start to sell clothing, which she did. Little by little Mavluda brought in more clients, which increased her income. As her commissions increased she was able to buy and then sell more clothing.


Mavluda is applying for a loan of 4,000 Somoni to buy more merchandise and to fill existing client orders. She hopes that you will collaborate with her. Together with her family, she thanks you for supporting them and helping the family move 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. Additionally, 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 Mavluda Toshkhonova


Loan has been disbursed
 
Entrepreneur: Mavluda Toshkhonova
Location: Dushanbe, Tajikistan

Thank you for your loan. It has been disbursed to Mavluda Toshkhonova by IMON International in Tajikistan. We are excited to watch this business grow. Over the 12 months of this loan, IMON International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Dushanbe, Tajikistan
Oct 22, 2009
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Kiva Help Repayment Schedule for Mavluda Toshkhonova

  Expected Repayments Actual Repayments Comments
January 2010 $61.56 Available Jan 1  
February 2010 $64.02 Available Feb 1  
March 2010 $66.59 Available Mar 1  
April 2010 $69.25 Available Apr 1  
May 2010 $72.01 Available May 1  
June 2010 $74.90 Available Jun 1  
July 2010 $77.90 Available Jul 1  
August 2010 $81.01 Available Aug 1  
September 2010 $84.25 Available Sep 1  
October 2010 $87.62 Available Oct 1  
November 2010 $91.13 Available Nov 1  
December 2010 $94.76 Available Dec 1