Khaitkul Suvonov


Status: Paid Back

$450.00   Loan Request
$450.00   Paid Back

About the Entrepreneur

Name: Khaitkul Suvonov
Location: Istaravshan, Tajikistan
Activity: Farming

About the Loan

Loan Amount: $450.00
Loan Use: To purchase potato bags and pay for farm labour
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 17, 2008
Date Disbursed: Oct 31, 2008
Date Funded:Oct 17, 2008
Loan Ended:Jul 15, 2009

About the Country

Country:Tajikistan
Avg Annual Income:$1,388.00
Currency:Tajikistan Somoni (TJS)
Exchange Rate:3.4000 TJS = 1 USD



Khaitkul, who has been working in agriculture for the past four years growing apples and potatoes on his land, has a big family and ailing parents. He is working hard in the field with his brother so that he can make enough profit to afford proper medical treatment for his parents. Khaitkul is requesting a loan to buy potato bags and pay for farm labour.

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Journal entries for Khaitkul Suvonov


Loan has been disbursed
 
Entrepreneur: Khaitkul Suvonov
Location: Istaravshan, Tajikistan

Thank you for your loan. It has been disbursed to Khaitkul Suvonov by International MicroLoan Fund (IMON), a partner of Mercy Corps in Tajikistan. We are excited to watch this business grow. Over the next 8 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 Tohirjon Khuchakov from Istaravshan, Tajikistan
Oct 24, 2008
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The loan has been successfully repaid
 
Entrepreneur: Khaitkul Suvonov
Location: Istaravshan, Tajikistan

Suvonov Khaitkul 5 years works together with his brother in their farming business. They farm and sell potato and apple as the balance is left for home consumption. The loans that Khaitkul requested from Kiva are used on their farm for better yields by purchasing seeds and fertilizer and by hiring machine operator for cultivating his land. It is rare to find Khaitkul running out of stock and the loans have very much enabled him to stay in business. Solia is thankful for Kiva for a healthy family, a prosperous business, and for a chance at a better life.


Posted by Jahongir Abdulloev from Istaravshan, Tajikistan
Jul 29, 2009
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Kiva Help Repayment Schedule for Khaitkul Suvonov

  Expected Repayments Actual Repayments Comments
January 2009 $56.25 $56.25 Repayment Received
February 2009 $56.25 $56.25 Repayment Received
March 2009 $56.25 $56.25 Repayment Received
April 2009 $56.25 $56.25 Repayment Received
May 2009 $56.25 $56.25 Repayment Received
June 2009 $56.25 $56.25 Repayment Received
July 2009 $56.25 $56.25 Repayment Received
August 2009 $56.25 $56.25 Repayment Received