Latofat Rahimkulova


Status: Paid Back

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

About the Entrepreneur

Name: Latofat Rahimkulova
Location: Dushanbe, Tajikistan
Activity: Food Market

About the Loan

Loan Amount: $1,200.00
Loan Use: Purchase of different sweets
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 6, 2008
Date Disbursed: Sep 20, 2008
Date Funded:Sep 6, 2008
Loan Ended:Nov 14, 2009

About the Country

Country:Tajikistan
Avg Annual Income:$1,388.00
Currency:Tajikistan Somoni (TJS)
Exchange Rate:3.4195 TJS = 1 USD



Latofat Rahimkulova was born in 1962. She is divorced and has four children. Her enterprise activity that she began 8 years ago sells confectionery products. At the present time it has a big assortment of goods. She trades sweets and confectionery products manufactured in Russia and Turkey in the market "Саховат " in the city of Dushanbe. She also has products of domestic production. She buys her goods in wholesale shops in "Safar-center" in the cities of Dushanbe and from wholesalers from the city of Khudzha. For her to increase capital she wants to receive a loan in the sum of $1200 for the duration of a year.

Translated from Russian by Maria Lyuksyutova, Kiva Volunteer


Рахимкулова Латофат 1962 года рождения. Она разведена и у нее четверо детей. Свою предпринимательскую деятельность она начала еще 8 лет назад с продажи кондитерских изделий. В данный момент у нее большой ассортимент товаров. Она торгует конфетами и кондитерскими изделиями производства России и Турции на рынке «Саховат» города Душанбе. Также у нее имеется продукты отечественного производства. Свой товар закупает в оптовых магазинах «Сафар-Центр»-а города Душанбе и у оптовиков из города Худжанда. Для увеличения оборотного капитала она хочет получить займ в сумме 4100 сомони сроком на год.

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Journal entries for Latofat Rahimkulova


Loan has been disbursed
 
Entrepreneur: Latofat Rahimkulova
Location: Dushanbe, Tajikistan

Thank you for your loan. It has been disbursed to Latofat Rahimkulova 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 Dushanbe, Tajikistan
Sep 8, 2008
Comment on this entry

Journal Update
 
Entrepreneur: Latofat Rahimkulova
Location: Dushanbe, 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)

кредит Латофат
 
Entrepreneur: Latofat Rahimkulova
Location: Dushanbe, Tajikistan

Латофат успешно погасила кредит. Планирует получить еще кредит для развития бизнеса.


Posted by Adiba Abduvohidova from Dushanbe, Tajikistan
Jul 17, 2009
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Kiva Help Repayment Schedule for Latofat Rahimkulova

  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