Alisher Musoev


Status: Paid Back

$875.00   Loan Request
$875.00   Paid Back

About the Entrepreneur

Name: Alisher Musoev
Location: Istaravshan, Tajikistan
Activity: Bakery

About the Loan

Loan Amount: $875.00
Loan Use: To purchase flour
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Dec 13, 2007
Date Disbursed: Dec 27, 2007
Date Funded:Dec 13, 2007
Loan Ended:Jun 13, 2008

About the Country

Country:Tajikistan
Avg Annual Income:$1,388.00
Currency:Tajikistan Somoni (TJS)
Exchange Rate:3.4600 TJS = 1 USD



Alisher Musoev has been in the bakery business for 7 years. So that he could provide for his family, he started working as a trainee in one of the local bakeries at the age of 16. For one work shift that usually lasted 17 hours he was only paid 6 to 7 loafs of bread, which was not enough for his family. He started looking for a space so he could open his own business. Once he found one, he started his own bakery. In the beginning, he was only baking for special orders for weddings because he was short of cash. After a period of time, when he accumulated more funds, he started producing bread for the sales on the market. Currently, his father and two hired employees, who are paid 450 somoni, are helping him in the business. Alisher is asking for additional funding so that he could increase his production.

Translated from Russian by Vasilisa Budnikova. Kiva Volunteer.



Мусоев Алишер занимается производством хлеба 7 лет. Чтобы прокормит семью он начал работать с 16 лет учеником в одном из предприятий по производству хлеба. За одну рабочую смену продолжительность которого составляет, 17 часов ему выплачивали в качестве заработной платы по 6 –7 хлеба (лепешек). Этого не хватало, чтоб прокормить семью. Он начал искать помещение для открытия собственного дела. Он нашел помещение и начал свою деятельность. В первое время он пек хлеб по заказу на свадьбы из-за нехватки средств. После некоторого времени он начал производит хлеб из собственных средств (заработанных) для продажи на рынке . В данное время ему в этом помогают отец и двое наемных рабочих которым он платит заработную плату в размере 450 сомони. Для расширения производства он нуждается в финансировании.


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Lenders to this entrepreneur

Jan
Nacka, Stockholm
Sweden

Anonymous
Las Vegas, NV
United States

June
Palo Alto, CA
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Jacqueline
MILTON KEYNES, BUCKS
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Andreas & Knut (Germany)
Köln,
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Corinne & Beryl
Pfaffikon,
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Geoffrey
Vancouver, British Columbia
Canada

Margaret kivafriends.org
Fairfield County, Connecticut
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douglas
london, London
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Anonymous
Alexandria, LA
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Couch Family
Williamsburg, VA
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keu na
Dewey, AZ
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Fred
Los Gatos, CA
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YBP
Deventer,
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Anonymous
Kimberley, BC
Canada

Peter
Temple Terrace, FL
United States

The COVE Staff @ Colgate
Hamilton, NY
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Wolfgang
Rheda-Wiedenbrück,
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KIVA Shopping Club #1
KivaFriends.org, Birmingham, AL
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Naomi
Annandale, VA
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Kay
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Jeffrey
Jackson, MS
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Lori
Allston, MA
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Michael
Euless, TX
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Nicole & Hiren
www.kivafriends.org, Ohio
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St. Raphaels
toms river, NJ
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Don
kivafriends.org, Auburn, AL
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Dennis
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Martha & Michael
Dunrobin, Ontario
Canada



Journal entries for Alisher Musoev


Loan has been disbursed
 
Entrepreneur: Alisher Musoev
Location: Istaravshan, Tajikistan

Thank you for your loan. It has been disbursed to Alisher Musoev by MLF MicroInvest-Tajikistan in Tajikistan. We are excited to watch this business grow. Over the next 6 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
Dec 13, 2007
Comments (8)

Kiva Help Repayment Schedule for Alisher Musoev

  Expected Repayments Actual Repayments Comments
March 2008 $145.83 $146.00 Repayment Received
April 2008 $145.83 $146.00 Repayment Received
May 2008 $145.83 $146.00 Repayment Received
June 2008 $145.83 $146.00 Repayment Received
July 2008 $145.83 $146.00 Repayment Received
August 2008 $145.85 $145.00 Repayment Received