Jamshed Adashov


Status: Paid Back

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

About the Entrepreneur

Name: Jamshed Adashov
Location: Vahdat, Tajikistan
Activity: Retail

About the Loan

Loan Amount: $1,200.00
Loan Use: Purchase of fabrics
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Aug 28, 2008
Date Disbursed: Sep 13, 2008
Date Funded:Aug 30, 2008
Loan Ended:Nov 14, 2009

About the Country

Country:Tajikistan
Avg Annual Income:$1,388.00
Currency:Tajikistan Somoni (TJS)
Exchange Rate:3.4193 TJS = 1 USD



Jamshed was born in 1976. He is married and has three children. He sells fabrics at the “Khair” market in Vakhdat city. He went into business in 1998 selling fabrics at the local market “Guliston.” His father joined the business and now it is a family business. In 2005, he built a small store where he sells products that he buys from the “Korvon” and “Sakhovat” markets in Dushanbe city. He wants to increase his range of products with different robes and fabrics. During the height of the season for the sale of textiles and fabrics, he wishes to participate in Kiva’s program and to take out a loan in the amount of 4100 somoni to purchase seasonal products: fabrics and textiles.

Translated from Russian by Josh Machleder, Kiva Volunteer


Джамшед 1976 года рождения, женат, у него 3 детей. Занимается продажей тканей на рынке «Хайр» города Вахдат. Предпринимательскую деятельность начал в 1998 году с продажи тканей на местном рынке «Гулистон». Потом к бизнесу присоединился его отец и теперь это семейный бизнес. В 2005 году на вырученную сумму построил небольшой магазин. Товары для продажи привозит с рынков «Корвон» и «Саховат» города Душанбе.
Ассортимент продаваемых им товаров пополнился разновидностями халатов. В разгар сезона продажи тканей и материалов хочет участвовать в программе Кива и получить займ в сумме 4100 сомони для закупа сезонных товаров: материалы и ткани.

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Journal entries for Jamshed Adashov


Loan has been disbursed
 
Entrepreneur: Jamshed Adashov
Location: Vahdat, Tajikistan

Thank you for your loan. It has been disbursed to Jamshed Adashov by MLF MicroInvest, a partner of ACDI/VOCA in Tajikistan. We are excited to watch this business grow. Over the next 12 months, MLF MicroInvest, a partner of ACDI/VOCA will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Madina Umarova from Vahdat, Tajikistan
Sep 1, 2008
Comment on this entry

Journal Update
 
Entrepreneur: Jamshed Adashov
Location: Vahdat, 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)

Спасибо
 
Entrepreneur: Jamshed Adashov
Location: Vahdat, Tajikistan

Адашов Джамшед получил у нас кредит для покупки тканей. Купив товар, он увеличил свой ассортимент, тем самым увеличился товарооборот и прибыль. Теперь он и дальше намерен пользоваться услугами нашей организации.


Posted by Zamira Homidova from Vahdat, Tajikistan
Jul 1, 2009
Comment on this entry

Kiva Help Repayment Schedule for Jamshed Adashov

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