Erkin Khatamov


Status: Paid Back

$300.00   Loan Request
$300.00   Paid Back

About the Entrepreneur

Name: Erkin Khatamov
Location: Spitamen, Tajikistan
Activity: Retail

About the Loan

Loan Amount: $300.00
Loan Use: Retail trade of essential commodities
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Mar 13, 2007
Date Disbursed: Mar 28, 2007
Date Funded:Mar 14, 2007
Loan Ended:Sep 14, 2007

About the Country

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



Erkin is a resident of Spitamen, a small village type town near Khujand. Before August 2003, Erkin was engaged in trade of essential commodities in the Spitamen Food market, had a small assortment, and his actives were insignificant. He has a wife and two daughters. The food market was far away from the street where he lives and he always thought that it would be good idea to open a shop in his own neighborhood. He invested all his profit into this idea. At the beginning Erkin’s shop consisted only of one table, where all his goods were placed. His shop is known for low prices and always-fresh goods. He constantly worked on expansion of his assortment and the quality of the sold goods. He brings the goods from the big market in the city. Now he wants to build additional shelves in his shop and will use his loan for that. He wants to achieve a day when buyers can find all necessary things in his shop.

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Lenders to this entrepreneur

Kay
Columbia, MD KivaFriends.org
United States

jason
calgary, alberta
Canada

Irene
Amsterdam, Noord-Holland
Netherlands

Seven Happy Beings
Virginia Beach, VA
United States

Odded
Norwalk, CT
United States

Tom and Kristen
Spanaway, WA
United States

Maarten
Bellevue, WA
United States

robert
North saanich, British Columbia
Canada

Emily's Family
Santa Barbara, CA
United States

Owen
Amarillo, TX
United States

rebecca
Indianapolis, IN
United States



Journal entries for Erkin Khatamov


Loan has been disbursed
 
Entrepreneur: Erkin Khatamov
Location: Spitamen, Tajikistan

Thank you for your loan. It has been disbursed to Erkin Khatamov by MLF MicroInvest-Tajikistan in Tajikistan. We are excited to watch this business grow. Over the next 6 - 7 months, MLF MicroInvest-Tajikistan will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Nasrullo Saifullaev from Spitamen, Tajikistan
Mar 14, 2007
Comment on this entry

Repayments
 
Entrepreneur: Erkin Khatamov
Location: Spitamen, Tajikistan

Erkin has done his first repayment of the loan several days ago. His business is going well. The new spring season have brought many customers to him. He installed additional shelves in his shop. He is thankful to MicroInvest and KIVA investors.

-- posted on Apr 12, 2007 by Mukaddas Siyarova


Posted by Mukaddas Siyarova from Spitamen, Tajikistan
May 23, 2007
Comment on this entry

Business developing
 
Entrepreneur: Erkin Khatamov
Location: Spitamen, Tajikistan

Erkin is successfully repays his loan.For today he has many clients and his shop became one of the known shops in the area.The turnover of his working capital is fast.His business is going well. These two summer months were very profitable for Erkin. In the Aiugust he wants to conclude new kind of goods to his assortment.


Posted by Madina Umarova from Spitamen, Tajikistan
Aug 12, 2007
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Kiva Help Repayment Schedule for Erkin Khatamov

  Expected Repayments Actual Repayments Comments
June 2007 $50.00 $50.00 Repayment Received
July 2007 $50.00 $50.00 Repayment Received
August 2007 $50.00 $50.00 Repayment Received
September 2007 $50.00 $50.00 Repayment Received
October 2007 $50.00 $50.00 Repayment Received
November 2007 $50.00 $50.00 Repayment Received