Gulizor Safarova


Status: Paid Back

$900.00   Loan Request
$900.00   Paid Back

About the Entrepreneur

Name: Gulizor Safarova
Location: Rudaki, Tajikistan
Activity: Clothing Sales

About the Loan

Loan Amount: $900.00
Loan Use: To buy robes
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 25, 2008
Date Disbursed: Oct 9, 2008
Date Funded:Sep 25, 2008
Loan Ended:Mar 16, 2009

About the Country

Country:Tajikistan
Avg Annual Income:$1,388.00
Currency:Tajikistan Somoni (TJS)
Exchange Rate:3.4158 TJS = 1 USD



Gulizor Safarova is 30 years old and married. After graduating from university she decided to start her own business in which she got help from her parents. She has been selling women's clothing for four years now. At this time she is renting a space on the Kovron market in the city of Dushanbe. She sells merchandise from Turkey which are in very high demand. Some of the items in her stock include terry and velour robes, cotton and silk pajamas and peignoirs (undergarments), and also very beautiful bedding sets and high quality towels. She buys the items from manufacturers in China. The quality of her merchandise is very important to Gulizor and this is probably why she has so many regular customers.

Gulizor wants to increase the variety of her merchandise and accordingly increase sales and circulation of her inventory. With the help of Kiva she wants to get a loan in the amount of 3,000 somoni ($900USD).

Translated from Russian by Elena Fedorchuk, Kiva Volunteer


Сафаровой Гулизор 30 лет и она замужем. После окончания Вуза она захотела открыть свое дело, в котором помогли родители. Она 4 года как занимается торговлей женскими одеждами. Данный момент она арендует лавку на оптовом рынке «Корвон» города Душанбе. У нее самые востребованные товары производства Турции. В ее ассортименте товара можно увидеть махровые и велюровые халаты, хлопчатобумажные и шелковые пижамы и пеньюары, также очень красивые постельные белье и полотенца хорошего качества. Закупает товар у поставщиков из Китая . Для Гулизор качество товара очень важно, может поэтому у нее много постоянных клиентов.
Гулизор хочет увеличить наименование товара и соответственно увеличить свой товарооборот. С помощью программы Кива она хочет получить займ в сумме 3000 сомони.

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Journal entries for Gulizor Safarova


Loan has been disbursed
 
Entrepreneur: Gulizor Safarova
Location: Rudaki, Tajikistan

Thank you for your loan. It has been disbursed to Gulizor Safarova by MLF MicroInvest, a partner of ACDI/VOCA in Tajikistan. We are excited to watch this business grow. Over the next 4 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 Rudaki, Tajikistan
Sep 25, 2008
Comment on this entry

Journal Update
 
Entrepreneur: Gulizor Safarova
Location: Rudaki, 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)

Kiva Help Repayment Schedule for Gulizor Safarova

  Expected Repayments Actual Repayments Comments
January 2009 $225.00 $225.00 Repayment Received
February 2009 $225.00 $225.00 Repayment Received
March 2009 $225.00 $225.00 Repayment Received
April 2009 $225.00 $225.00 Repayment Received