Kumri Orifova


Status: Paid Back

$600.00   Loan Request
$600.00   Paid Back

About the Entrepreneur

Name: Kumri Orifova
Location: Isfara, Tajikistan
Activity: Tailoring

About the Loan

Loan Amount: $600.00
Loan Use: Purchasing of the new sewing machine for expanding the business
Repayment Term: 9 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 26, 2008
Date Disbursed: Jun 10, 2008
Date Funded:May 27, 2008
Loan Ended:Jan 15, 2009

About the Country

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



Orifova Kumri is 45 years old. She is married and has four children. Her husband is entrepreneur. In order to help her husband in supporting the family, Kumri has been running her own business for the last 7 years. She works in a tailoring shop. During these seven years she has gained rich work experience about tailoring. Kumri’s work is specialized, sewing clothing for women of European style as well as of the national style.


She always dreamed of owning a business and not having to depend on anyone else. Kumri believes that someday her dream will come true and she will open her own tailoring shop. Today she is requesting a loan of $600, which she will repay over 6 months, in order to purchase a new sewing machine. With your help, this will be possible. Kumri is counting on your help. Be an important part of the growth of Kumri’s business!


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Lenders to this entrepreneur

Monica
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Anne
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Stephanie
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Buchanan Family
www.kivafriends.org, Ramsey, NJ
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Mare
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Anonymous
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amy

Ilana
Silver Spring, MD
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Anonymous

Marisa
San Antonio, TX
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Anonymous
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Christopher
London,
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Anonymous
Fargo, ND
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Romin
Newbury, Berkshire
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Leo Leo
Edmonton, Alberta
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Anonymous
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Nicolle
Caulfield, Victoria
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Karen
Tucson, AZ
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Melina & Simon
Auckland,
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victoria
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Steve
Kelowna, BC
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Journal entries for Kumri Orifova


Loan has been disbursed
 
Entrepreneur: Kumri Orifova
Location: Isfara, Tajikistan

Thank you for your loan. It has been disbursed to Kumri Orifova 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 Akbar Murodov from Isfara, Tajikistan
May 27, 2008
Comments (1)

Update on Kumri Orifova's Loan
 
Entrepreneur: Kumri Orifova
Location: Isfara, Tajikistan

Kumri works in a busy sewing factory near the central market in Isfara, Tajikistan. The factory sews men's and women's national outfits, in addition to uniforms for several local factories. She used her Kiva loan to purchase another sewing machine, which has had a great impact on her business.

The sewing factory is a family-run cooperative. Kumri and one of her sisters both took out loans at the same time, which allowed them to increase their sewing machine inventory from 1 to 3. This has allowed them to make products faster and fill more orders than in the past. Before they could only sew 10 uniforms a day, but now they make up to 50.

She and her family would like to put all of the profits back into the business, in order to hire more employees and possibly start a second shop in another city. They currently work with around 40 blind weavers who produce the fabric that they use to make their products. They hope that their continued success will allow them to support more disabled people in their community and help to build a stronger country.

Kumri is married and has three children, who are all studying at the university.

Learn more about IMON's work and their entrepreneurs. You can also show your support for the region, by joining the Supporters of Tajikistan lending team.


Posted by Carrie Ferrence from Isfara, Tajikistan
Nov 11, 2008
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Kiva Help Repayment Schedule for Kumri Orifova

  Expected Repayments Actual Repayments Comments
August 2008 $0.00 $100.00  
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 $0.00 Repayment Received
January 2009 $100.00 $100.00 Repayment Received
February 2009 $100.00 $100.00 Repayment Received