Uktam Ismonov


Status: Paid Back

$600.00   Loan Request
$600.00   Paid Back

About the Entrepreneur

Name: Uktam Ismonov
Location: Gafurov, Tajikistan
Activity: Farming

About the Loan

Loan Amount: $600.00
Loan Use: To purchase mineral fertilizer required for growing rice.
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Feb 28, 2008
Date Disbursed: Mar 14, 2008
Date Funded:Feb 29, 2008
Loan Ended:Aug 29, 2008

About the Country

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



Ismonov Uktam is 30 years old. He is married with three children.

Uktam grows rice. When he was a boy he used to help his father who is also involved in this business. When he became an adult, Uktam decided to grow rice also as he already knew lots of things about producing rice theoretically as well as practically. Uktam sell the rice in the local market. Being taught by his father that the storage of the rice is much easier when it is not separated from its husks, Uktam uses this practice also. Working hard, Uktam tries to make his business successful and stable as it generates the main income for the family.

Uktam would like to purchase mineral fertilizer required for growing rice. He requests $600.00 US dollars for the term of 6 months. This is his first loan from IMON, but Uktam promises to manage the loan with accuracy and remit all payments in a timely manner.

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Journal entries for Uktam Ismonov


Loan has been disbursed
 
Entrepreneur: Uktam Ismonov
Location: Gafurov, Tajikistan

Thank you for your loan. It has been disbursed to Uktam Ismonov by International MicroLoan Fund (IMON) in Tajikistan. We are excited to watch this business grow. Over the next 6 months, International MicroLoan Fund (IMON) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Lola Khusanova from Gafurov, Tajikistan
Feb 29, 2008
Comment on this entry

The loan has been successfully repaid.
 
Entrepreneur: Uktam Ismonov
Location: Gafurov, Tajikistan

Ismonov Uktam had successfully repaid his first loan! He used the money to buy the seeds and fertilizer for growing the rice and already sold all of them. Considering that the price of the rice sharply increased Uktam got a good profit from his business. Now he is growing other kinds of vegetables like tomato, cucumber, onion from the profit of the income of his loan from you.

He would like also to inform you that from the profits Uktam is also able to keep her children at school. He would like to personally thank Kiva and especially her lenders for the support given to her business.


Posted by Jahongir Abdulloev from Gafurov, Tajikistan
Sep 1, 2008
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Kiva Help Repayment Schedule for Uktam Ismonov

  Expected Repayments Actual Repayments Comments
May 2008 $0.00 $100.00  
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 $0.00 Repayment Received