Alahmad Haitov


Status: Paid Back

$1,200.00   Loan Request
$1,200.00   Paid Back

About the Entrepreneur

Name: Alahmad Haitov
Location: Dushanbe, Tajikistan
Activity: Retail

About the Loan

Loan Amount: $1,200.00
Loan Use: Buying his next batch of goods.
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 17, 2008
Date Disbursed: Feb 2, 2008
Date Funded:Jan 19, 2008
Loan Ended:Mar 16, 2009

About the Country

Country:Tajikistan
Avg Annual Income:$1,388.00
Currency:Tajikistan Somoni (TJS)
Exchange Rate:3.4700 TJS = 1 USD



Alahmad was born in 1964, is married and has five children. His wife is a homemaker - she looks after the children. Alahmad’s oldest son helps him with his business selling DVDs. In order to attract more customers, Alahmad started selling computer games and other consumer electronics in addition to DVDs. He purchases his merchandise from suppliers from China.


Alahmad started his business to support his family. He rented a store and used all his savings to buy the first batch of DVDs. He built his business slowly and was able to purchase additional consumer electronics. Currently his business is stable, but he wants to buy a new batch of DVDs using the proceeds from his loan from KIVA.


Translated from Russian by Jamilya & Keith Leitich, Kiva Volunteers.



Алахмад 1964 года рождения, женат имеет 5 детей. Жена домохозайка, занимается воспитанием детей. Старший сын помогает по бизнесу,продает диски в месте с отцом. Для привлечения больше клиентов Алахмад также включил в свой ассортимент компютерние игры и прилежащую технику. Он закупает товар у поставшиков из Китая. После распада СССР он был вынужден найти работу для того чтобы прокормить большую семью. На сбережения он арендовал этот магазин и закупил первую партию дисков. Постепенно он начал закупать и технику. Сейчас его бизнес довольно стабилен и он просит у КИВЫ мах сумму займа на закупку новой партии новых дисков.


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Journal entries for Alahmad Haitov


Loan has been disbursed
 
Entrepreneur: Alahmad Haitov
Location: Dushanbe, Tajikistan

Thank you for your loan. It has been disbursed to Alahmad Haitov by MLF MicroInvest-Tajikistan in Tajikistan. We are excited to watch this business grow. Over the next 12 months, MLF MicroInvest-Tajikistan will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Madina Umarova from Dushanbe, Tajikistan
Jan 20, 2008
Comments (6)

Journal Update
 
Entrepreneur: Alahmad Haitov
Location: Dushanbe, Tajikistan

Thank you for supporting an entrepreneur in Tajikistan.

I'm excited to be writing you as the Kiva Fellow in northern Tajikistan. For the last few months, I have been working with Kiva's Field Partner, MLF MicroInvest visiting many Kiva entrepreneurs.

As you may know, all entrepreneur profiles on Kiva's website are posted by local Field Partners (microfinance institutions) like MicroInvest, which are organizations which lend to those without easy access to credit for purposes of sustaining or growing their businesses. In my time here I have had the opportunity to get to know MicroInvest's staff and its clients. Its ultimate mission is to enable its borrowers to achieve self-sufficiency through the development of their businesses.

But from what I have seen in my time here, MicroInvest's work isn't just about issuing loans. They also create a long-lasting, collaborative relationship with each client to address their financial needs and improve the household's standard of living.

One such relationship is with Oishahon who sells vegetables and herbs in the Isfara market. I met with her recently and she talked at length about her business. For the season she is stocking garlic, fennel, various teas, and hot peppers. The winter is a fairly slow time for green grocers and most of her business comes during the spring months.

We spent some time talking about her past career as a teacher of Tajik literature. She, like many others here, spoke fondly of Rudaki who was a poet in ancient Persia some 1,000 years ago. She also discussed her past career as a teacher of Tajik literature. She abandoned her teaching career back in 1991 when Tajikistan became independent from the USSR and salaries fell significantly. There are many other former teachers, doctors or factory workers here who have moved on to a business of their own as a means of sustaining themselves.

With customers hovering around her stand, I excused myself so she could conduct her business. She expressed her thanks to Kiva lenders and says her loan has allowed her to sustain her business through the lean winter months.

With over $1.3 million in loans to Kiva clients, MicroInvest serves many others like Oishahon throughout the country. From Kiva, MicroInvest and its borrowers, we thank you for supporting our work. To see support additional borrowers, please check:

http://www.kiva.org/app.php?page=businesses&partner_id=101&status=fundRaising&sortBy=New+to+Old&_te=mj


Posted by Jenny Boyd, Kiva Staff, from San Francisco, United States
Feb 5, 2009
Comments (62)

Kiva Help Repayment Schedule for Alahmad Haitov

  Expected Repayments Actual Repayments Comments
April 2008 $0.00 $100.00  
May 2008 $100.00 $100.00 Repayment Received
June 2008 $100.00 $100.00 Repayment Received
July 2008 $100.00 $100.00 Repayment Received
August 2008 $100.00 $100.00 Repayment Received
September 2008 $100.00 $100.00 Repayment Received
October 2008 $100.00 $100.00 Repayment Received
November 2008 $100.00 $100.00 Repayment Received
December 2008 $100.00 $100.00 Repayment Received
January 2009 $100.00 $0.00 Repayment Received
February 2009 $100.00 $100.00 Repayment Received
March 2009 $100.00 $100.00 Repayment Received
April 2009 $100.00 $100.00 Repayment Received