Mahmadziyo Ahmedov


Status: Paid Back

$600.00   Loan Request
$600.00   Paid Back

About the Entrepreneur

Name: Mahmadziyo Ahmedov
Location: Zafarabad, Tajikistan
Activity: Dairy

About the Loan

Loan Amount: $600.00
Loan Use: To buy a cow for making and selling milk and buttermilk in his trade shop.
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 22, 2008
Date Disbursed: May 7, 2008
Date Funded:Apr 23, 2008
Loan Ended:Feb 15, 2009

About the Country

Country:Tajikistan
Avg Annual Income:$1,388.00
Currency:Tajikistan Somoni (TJS)
Exchange Rate:3.4529 TJS = 1 USD



Mahmadziyo Karimovich Ahmedov is 45 years old, married and has four children. He works as a teacher in the school number 12 in the Baht village and receives a salary of around 200 somoni a month (around US$60). His income was not enough for his family's living expenses so Mahmadziyo had to find another source of income. After he received a loan from MicroInvest his income has grown and he started an entrepreneurship. He opened a trade shop near his house. He receives a stable profit from sales of around US$100 a month.

Mahmadziyo has been in the cattle breeding business for the past 15 years. His family has been helping him. He plans to use the loan to buy a cow. He wants to process the milk and then sell the product in his trade shop.

Translated from Russian by Elena Fedorchuk, Kiva Vounteer.



Ахмедов Махмадзиё Каримович - 45 лет. Женат имеет четыре детей . Работает учителем в средней школе № 12 поселка Бахт, получает заработную плату около 200 сомони в месяц. Этого не хватает на нужды семьи и он был вынужден искать источник дохода. После получения кредита с МЗФ «Микринвест» его доход увеличился и он начал заниматься предпринимательской деятельностью. Открыл торговую точку возле своего дома .От торговли получает стабильную прибыль около 100$ в месяц.

Откормом скота занимается более 15 лет. Ему помогают жена и дети. На получаемый кредит хочет купить корову. Хочет молоко переработать и полученный продукт продавать на своем магазинчике.


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Lenders to this entrepreneur

Romin
Newbury, Berkshire
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Melanie
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Anonymous
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Judith
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Heather
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Doug
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Ninad
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Mr. L
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Anonymous
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Anonymous
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Journal entries for Mahmadziyo Ahmedov


Loan has been disbursed
 
Entrepreneur: Mahmadziyo Ahmedov
Location: Zafarabad, Tajikistan

Thank you for your loan. It has been disbursed to Mahmadziyo Ahmedov by MLF MicroInvest-Tajikistan in Tajikistan. We are excited to watch this business grow. Over the next 8 months, MLF MicroInvest-Tajikistan will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Madina Umarova from Zafarabad, Tajikistan
Apr 25, 2008
Comment on this entry

Journal Update
 
Entrepreneur: Mahmadziyo Ahmedov
Location: Zafarabad, 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 Mahmadziyo Ahmedov

  Expected Repayments Actual Repayments Comments
July 2008 $0.00 $75.00  
August 2008 $75.00 $75.00 Repayment Received
September 2008 $75.00 $75.00 Repayment Received
October 2008 $75.00 $75.00 Repayment Received
November 2008 $75.00 $75.00 Repayment Received
December 2008 $75.00 $0.00 Repayment Received
January 2009 $75.00 $75.00 Repayment Received
February 2009 $75.00 $75.00 Repayment Received
March 2009 $75.00 $75.00 Repayment Received