Abdunabi Rajabov


Status: Paying Back

$1,500.00   Loan Amount
0% repaid

About the Entrepreneur

Name: Abdunabi Rajabov
Location: Istaravshan, Tajikistan
Activity: Retail

About the Loan

Loan Amount: $1,500.00
Loan Use: To purchase additional goods.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Oct 29, 2009
Date Disbursed: Oct 13, 2009
Date Funded:Nov 13, 2009

About the Country

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



Rajabov Abdunabi is 28 years-old and a married father of two children. Abdunabi owns a shop in which he sells blankets and counterpane (bedspreads), a business he has been running for the last six years. The income he earns allows him to feed his family. To meet his customers constantly growing demands, Abdunabi would like to increase his shop’s capacity. The profits from these sales will allow him to improve his living conditions. The loan will greatly improve Abdunabi’s income and his family's standard of living.


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


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 an 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 agricultural production and the manufacturing sector, nearly two-thirds of the population still lives 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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Top Lending Teams for this entrepreneur


UNIVERSITY of UTAH
Colleges/Universities
42 Members

Supporters of Tajikistan
Common Interest
65 Members

KIVA Shopping Club
Clubs
84 Members

Journal entries for Abdunabi Rajabov


Loan to Abdunabi Rajabov in Tajikistan has been 100% funded
 
Entrepreneur: Abdunabi Rajabov
Location: Istaravshan, Tajikistan

Thanks to you and 54 other Kiva Lenders, the 1500.00 loan requested by Abdunabi Rajabov in Tajikistan has been 100% funded. The loan will be used for the purpose of: To purchase additional goods..

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 Istaravshan, Tajikistan
Nov 13, 2009
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Kiva Help Repayment Schedule for Abdunabi Rajabov

  Expected Repayments Actual Repayments Comments
January 2010 $235.81 Available Jan 1  
February 2010 $241.31 Available Feb 1  
March 2010 $246.94 Available Mar 1  
April 2010 $252.70 Available Apr 1  
May 2010 $258.60 Available May 1  
June 2010 $264.64 Available Jun 1