Nazokat Toshmatova


Status: Paying Back

$1,050.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Nazokat Toshmatova
Location: Spitamen, Tajikistan
Activity: Sewing

About the Loan

Loan Amount: $1,050.00
Loan Use: To purchase fabrics for sewing dresses
Repayment Term: 14 months - View details below
Lenders Repaid: Irregularly
Currency Exchange Loss: Covered
Date Listed: Oct 22, 2009
Date Disbursed: Oct 15, 2009
Date Funded:Oct 22, 2009

About the Country

Country:Tajikistan
Avg Annual Income:$1,388.00
Currency:Tajikistan Somoni (TJS)
Exchange Rate:4.3823 TJS = 1 USD



Nazokat has worked as a seamstress for seven years. She worked with her mother, which is how she learned her trade. Nazokat specializes in national women's dresses. Her workshop is located near her house, and she works Monday through Sunday from 8 am until 5 pm. She would like to take out a loan of 4500 TJS in order to purchase new, modern fabrics for her business. Nazokat is counting on your help and thanks all of you.


More about Tajikistan

Tajikistan, a key post on the Silk Road, is perhaps best known for its rich history. It was the location for the end of Alexander the Great's rule, and is known for its great thinkers, philosophers, scientists and poets such as Rudaki, Ibn Sina (Avicenna), Firdousi, Omar Haiyam, Jomi, Mavlavi Rumi and many others. The country, with its epic mountain passes, is home to communities that still speak the ancient Sogdian language and a civilization that dates back to the fourth millennium BC. Even today, it is a complex mix of the Islamic faith, Soviet culture, New West culture and Central Asian traditions.


However, Tajikistan is also the poorest of the former Soviet republics. The civil war, which ignited soon after its independence from the USSR, damaged the already weak economy. In addition, 93 per cent of the country is mountainous and only 7 per cent of the land is arable. These conditions have resulted in high levels of unemployment and have forced hundreds of thousands of people 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.


More about IMON International

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 Nazokat Toshmatova


Loan has been disbursed
 
Entrepreneur: Nazokat Toshmatova
Location: Spitamen, Tajikistan

Thank you for your loan. It has been disbursed to Nazokat Toshmatova by IMON International in Tajikistan. We are excited to watch this business grow. Over the 11 months of this loan, IMON International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Spitamen, Tajikistan
Oct 23, 2009
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Kiva Help Repayment Schedule for Nazokat Toshmatova

  Expected Repayments Actual Repayments Comments
June 2010 $132.94 Available Jun 1  
July 2010 $138.26 Available Jul 1  
August 2010 $143.78 Available Aug 1  
September 2010 $149.54 Available Sep 1  
October 2010 $155.52 Available Oct 1  
November 2010 $161.75 Available Nov 1  
December 2010 $168.21 Available Dec 1