Mutabar Ahmedova


Status: Paid Back

$150.00   Loan Request
$150.00   Paid Back

About the Entrepreneur

Name: Mutabar Ahmedova
Location: Istaravshan, Tajikistan
Activity: Clothing Sales

About the Loan

Loan Amount: $150.00
Loan Use: Business expansion
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 1, 2008
Date Disbursed: Jan 15, 2008
Date Funded:Jan 1, 2008
Loan Ended:Jun 4, 2008

About the Country

Country:Tajikistan
Avg Annual Income:$1,388.00
Currency:Tajikistan Somoni (TJS)
Exchange Rate:3.4462 TJS = 1 USD



Mutabar Ahmedova Obidovna has been selling children's clothing for the past 7 years. She is married and has 3 children. Her husband is a member of a civilian company. He is receiving a very small pension. After the birth of their youngest child Mutabar had to start selling on the market leaving her children under the care of her oldest daughter. In the beginning, she was buying goods wholesale in credit, but the cost was much higher than buying them retail. In 2006 Mutabar first found out about MicroInvest credit lending. She then took out a loan and was able to buy goods wholesale for lower prices which allowed her to make some profit. She was spending part of her income on the needs of her family and reinvested the rest in her business. To be more competitive, Mutabar intends to travel to Bishkek, the Republic of Kyrgyzstan, which will allow her to start selling wholesale.

Translated from Russian by Elena Fedorchuk, Kiva Volunteer.



Ахмедова Муътабар Обидовна в течение 7 лет торгует детской одеждой. Замужем.Имеет 3 детей. Муж участник гражданской компании. Получает мизерную пенсию. После рождения четвертого ребенка в семье Муътабар вынуждена была выйти на базар торговать оставив детей на попечение старшей дочки. Сначала она приобрела товар у оптовиков под реализацию, но стоимость товара был гораздо выше чем по наличке. В середине 2006г она узнала о программе кредитования «Микроинвест». Получив первый кредит она приобрела товар у оптовиков по более низким ценам, что позволило ей получить дополнительную прибыль. Часть прибыли она тратила на нужды семьи, а оставшуюся часть вложила в свой бизнес. Чтобы быть более конкурентноспособным она намеревается ездить сама за товаром в Бишкек (Республика Кыргизстан), что позволить ей перейти в оптовую торговлю товарами.


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Lenders to this entrepreneur

Sam
Anyang, OR
Korea, Republic of

Jillian
Vence,
France

Sam
Sarnia, Ontario
Canada

Claus-Peter
www.kivafriends.org,
Germany

Iris
Reykjavík, x
Iceland



Journal entries for Mutabar Ahmedova


Loan has been disbursed
 
Entrepreneur: Mutabar Ahmedova
Location: Istaravshan, Tajikistan

Thank you for your loan. It has been disbursed to Mutabar Ahmedova by MLF MicroInvest-Tajikistan in Tajikistan. We are excited to watch this business grow. Over the next 5 months, MLF MicroInvest-Tajikistan will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Madina Umarova from Istaravshan, Tajikistan
Jan 4, 2008
Comment on this entry

Kiva Help Repayment Schedule for Mutabar Ahmedova

  Expected Repayments Actual Repayments Comments
April 2008 $30.00 $30.00 Repayment Received
May 2008 $30.00 $30.00 Repayment Received
June 2008 $30.00 $30.00 Repayment Received
July 2008 $30.00 $30.00 Repayment Received
August 2008 $30.00 $30.00 Repayment Received