Yokub Nomurotov


Status: Paying Back

$900.00   Loan Amount
90% repaid

About the Entrepreneur

Name: Yokub Nomurotov
Location: Khujand, Tajikistan
Activity: Animal Sales

About the Loan

Loan Amount: $900.00
Loan Use: To purchase cattle and small cattle to expand the business.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Dec 1, 2008
Date Disbursed: Nov 24, 2008
Date Funded:Dec 26, 2008

About the Country

Country:Tajikistan
Avg Annual Income:$1,388.00
Currency:Tajikistan Somoni (TJS)
Exchange Rate:3.4018 TJS = 1 USD



At 44 years of age, Yokub Nomurotov is married and has five children. His principal work is the buying and selling of cattle. This business requires lots of travel because he needs to go to remote areas where these animals cost less. This necessitates considerable financial means. The business is very profitable, but his lack of capital makes his income insignificant, and living conditions remain difficult in his household.



To strengthen his business, he is asking for a loan of 3000 Somoni ($900 USD), which will serve to buy more cattle to expand his business. This will allow him to effectively meet the needs of his household.



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Journal entries for Yokub Nomurotov


Loan has been disbursed
 
Entrepreneur: Yokub Nomurotov
Location: Khujand, Tajikistan

Thank you for your loan. It has been disbursed to Yokub Nomurotov by IMON International in Tajikistan. We are excited to watch this business grow. Over the 11 months of this loan, IMON International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Khujand, Tajikistan
Dec 27, 2008
Comments (1)

Kiva Help Repayment Schedule for Yokub Nomurotov

  Expected Repayments Actual Repayments Comments
February 2009 $62.82 $62.82 Repayment Received
March 2009 $64.81 $64.81 Repayment Received
April 2009 $66.86 $66.86 Repayment Received
May 2009 $68.98 $68.98 Repayment Received
June 2009 $71.16 $71.16 Repayment Received
July 2009 $73.41 $73.41 Repayment Received
August 2009 $75.74 $75.74 Repayment Received
September 2009 $78.13 $78.13 Repayment Received
October 2009 $80.61 $80.61 Repayment Received
November 2009 $83.16 $83.16 Repayment Received
December 2009 $85.80 $85.80 Repayment Received
January 2010 $88.52 Available Jan 1