Rano Usmonova


Status: Paid Back

$300.00   Loan Request
$300.00   Paid Back

About the Entrepreneur

Name: Rano Usmonova
Location: Yova, Tajikistan
Activity: Goods Distribution

About the Loan

Loan Amount: $300.00
Loan Use: business development and to widen the assortment
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 3, 2008
Date Disbursed: Jan 17, 2008
Date Funded:Jan 3, 2008
Loan Ended:Jul 4, 2008

About the Country

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



Rano Usmonova lives in Yova; she is married and has 2 children. She has been a client of MicroInvest since 2004 and recommends herself as a serious executive client who trusts the MicroInvest loan procedures. Loan sums are permanently increased to those who show business stability and an income increase. She is engaged in commercial and trade service. Mrs. Usmonova has a business in egg selling. She works with clients of different income levels. She is very polite, which is why she has repeat customers who want to buy only her goods. Rano Usmonova is very experienced in the business but has stiff competition, which is why she wants to provide a wider assortment of new goods. Now Mrs. Rano Usmonova requests a loan of 1,000 TJS (US$300) for business development and to widen the assortment.

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Lenders to this entrepreneur

Daniel
Lutherville, MD
United States

Anonymous
Troy, MI
United States

Karen
Wayne, NJ
United States

Small Potatoes
KivaFriends.org, West Chicago, IL
United States

Wendy Salpeter
Boca Raton, FL
United States

Harriet
Odessa, TX
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Carolyn
Great Falls, VA
United States

Martin
Healdsburg, CA
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Marcus
Colorado
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Lewis
Princeton, NJ
United States



Journal entries for Rano Usmonova


Loan has been disbursed
 
Entrepreneur: Rano Usmonova
Location: Yova, Tajikistan

Thank you for your loan. It has been disbursed to Rano Usmonova 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 Yova, Tajikistan
Jan 4, 2008
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business development
 
Entrepreneur: Rano Usmonova
Location: Yova, Tajikistan

Mrs.Rano Usmonova is engaged in the commercial service and trade of eggs. She applied to the MicroInvest for the financial support and thanks to the KIVA she could take the business development loan. She improved the business terms significantly and realized the loan purpose that permits her to increase the business turnover and to plan the further actions on business development. Mrs. Rano Usmonova executes the loan repayment terms without any delays. She thanks KIVA for its support and makes her best not to disappoint lenders.


Posted by Natalya Kaurova from Yova, Tajikistan
Jun 23, 2008
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Update on Rano's Egg Business
 
Entrepreneur: Rano Usmonova
Location: Yova, Tajikistan

Selling eggs everyday at the bustling Panjshanbe Market in the center of Khujand, Rano Usmanova has no easy job. Although her profit margin is quit small, she tells me that she has been able to improve her business significantly with the help of her Kiva loan. She bought an additional 2100 eggs from a factory in the nearby city of Yova for which she paid a total of 450 Somoni (around $130). She tells me that her loan has enabled her to get out of debt and to pay for her daughter’s wedding which took place in December. Her working capital has doubled and she says that she is now saving up to buy a new apartment in the center of the city, and hopes that this long held dream of hers will soon be realized. She wants to express her heartfelt gratitude to all those Kiva lenders who have been so generous in the help that they have given her.


Posted by Dan Zuckerman from Yova, Tajikistan
Jul 11, 2008
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Kiva Help Repayment Schedule for Rano Usmonova

  Expected Repayments Actual Repayments Comments
April 2008 $50.00 $50.00 Repayment Received
May 2008 $50.00 $50.00 Repayment Received
June 2008 $50.00 $50.00 Repayment Received
July 2008 $50.00 $50.00 Repayment Received
August 2008 $50.00 $50.00 Repayment Received
September 2008 $50.00 $50.00 Repayment Received