Fotima Rahmatuloeva


Status: Paid Back

$1,000.00   Loan Request
$1,000.00   Paid Back

About the Entrepreneur

Name: Fotima Rahmatuloeva
Location: Dushanbe, Tajikistan
Activity: Home Products Sales

About the Loan

Loan Amount: $1,000.00
Loan Use: Purchase of new, modern curtains for sale
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Sep 9, 2008
Date Disbursed: Sep 23, 2008
Date Funded:Sep 9, 2008
Loan Ended:Oct 15, 2009

About the Country

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



Rahmatuloeva Fotima is a single mother of six children. She decided to start her own business to be able to support her children, to provide them with education, food, and a home. Fotima began her business 12 years ago, selling products from a catalog. Afterwards, she began helping a friend in her curtain sales business, and later continued to run a similar business independently. Fotima's business currently allows her to cover her family's expenses. However, she would like to expand the business even further to improve her family's standard of living. Therefore, Fotima is asking for a loan of US$1,000 which she will use to buy merchandise and fill her pending orders. Fotima plans to repay the loan within 12 months. She is thankful to everyone for their support.

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Journal entries for Fotima Rahmatuloeva


Loan has been disbursed
 
Entrepreneur: Fotima Rahmatuloeva
Location: Dushanbe, Tajikistan

Thank you for your loan. It has been disbursed to Fotima Rahmatuloeva by International MicroLoan Fund (IMON), a partner of Mercy Corps in Tajikistan. We are excited to watch this business grow. Over the next 12 months, International MicroLoan Fund (IMON), a partner of Mercy Corps will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Jahongir Abdulloev from Dushanbe, Tajikistan
Sep 9, 2008
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Update on Fotima Rahmatuloeva's Loan
 
Entrepreneur: Fotima Rahmatuloeva
Location: Dushanbe, Tajikistan

Fotima sells curtains at an outdoor stand at the Dushanbe market. She used her loan to purchase more curtains and hopes that this purchase will help her to grow the business. Fotima buys the curtains from a middleman who brings them all the way from China. Eventually, she would like to go to China to buy the material directly.

Fotima was a teacher for 25 years but left the profession because it was too difficult. She has owned the business for around 12 years and became an IMON client 6 years ago. She feels confident that the loans have helped her to improve her standard of living.

Learn more about the cultural context for this Kiva client, by visiting this blog posting:

http://fellowsblog.kiva.org/2008/11/25/sometimes-the-most-boring-client-is-really-the-most-interesting/

Visit this link to join the “Supporters of Tajikistan” lending team:

http://www.kiva.org/community/viewTeam?team_id=1317


Posted by Carrie Ferrence from Dushanbe, Tajikistan
Nov 26, 2008
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Kiva Help Repayment Schedule for Fotima Rahmatuloeva

  Expected Repayments Actual Repayments Comments
December 2008 $83.33 $84.00 Repayment Received
January 2009 $83.33 $0.00 Repayment Received
February 2009 $83.33 $165.99 Repayment Received
March 2009 $83.33 $83.33 Repayment Received
April 2009 $83.33 $83.33 Repayment Received
May 2009 $83.33 $83.33 Repayment Received
June 2009 $83.33 $83.33 Repayment Received
July 2009 $83.33 $83.33 Repayment Received
August 2009 $83.33 $83.33 Repayment Received
September 2009 $83.33 $83.33 Repayment Received
October 2009 $83.33 $83.33 Repayment Received
November 2009 $83.37 $83.37 Repayment Received