Mansur Olimov


Status: Paid Back

$600.00   Loan Request
$600.00   Paid Back

About the Entrepreneur

Name: Mansur Olimov
Location: Gafurov, Tajikistan
Activity: Cattle

About the Loan

Loan Amount: $600.00
Loan Use: Business expansion
Repayment Term: 7 months - View details below
Lenders Repaid: Irregularly
Currency Exchange Loss: Covered
Date Listed: Dec 12, 2008
Date Disbursed: Dec 9, 2008
Date Funded:Dec 15, 2008
Loan Ended:Jun 15, 2009

About the Country

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



Mansur Olimov was born in 1959, is a widower, and has three children. His youngest son lives with him. Mansur makes a living making dental molds for dentists. He has a drill which he keeps with a dentist he knows. He is also a master at doing repair work. However, his primary occupation is keeping cattle. He began raising cattle in his youth. His corral has three calves. All last summer it had six calves. His daughter, who does not live far away, came and looked after the calves to help her father. After fattening them, he sold the six bulls and used the money to buy a car for his son. At the end of autumn, the price for cattle has fallen. Therefore, he approached MicroInvest in order to buy another pair of calves to fatten and sell in season for a profit.

Translated from Russian by Melissa Kniazeva, Kiva Volunteer


Олимов Мансур 1959 г р., вдовец имеет троих детей, с ним живет младший сын. Зарабатывает Мансур, делая слепки зубов по заказу стоматологов, у него есть бормашина, которую он содержит у своего знакомого стоматолога. Также он большой мастер ремонтных работ. Но основная его деятельность разведение крупно рогатого скота. Разведение скота он начал в молодости. В своем коровнике он содержит три бычка. Всё прошлое лето он содержал 6 бычков, дочь приходила и ухаживала за скотом, так как она жила не далеко и помогала отцу. После откорма он продал 6 быков и купил на проданные деньги машину для сына. В конце осени скот подешевел поэтому, обратившись в Микроинвест, он планирует купить еще пару бычков, что бы откормить и продать во время сезона по хорошей цене.

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Journal entries for Mansur Olimov


Loan has been disbursed
 
Entrepreneur: Mansur Olimov
Location: Gafurov, Tajikistan

Thank you for your loan. It has been disbursed to Mansur Olimov by MLF MicroInvest, a partner of ACDI/VOCA in Tajikistan. We are excited to watch this business grow. Over the next 5 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 from Gafurov, Tajikistan
Dec 16, 2008
Comment on this entry

Journal Update
 
Entrepreneur: Mansur Olimov
Location: Gafurov, 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)

Бизнес Олима
 
Entrepreneur: Mansur Olimov
Location: Gafurov, Tajikistan

Олим погасил свой кредит. Он купил несколько коров. И от продажи коров приобрел машины. В дальнейшем планирует купить еще скот.


Posted by Adiba Abduvohidova from Gafurov, Tajikistan
Jun 30, 2009
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Kiva Help Repayment Schedule for Mansur Olimov

  Expected Repayments Actual Repayments Comments
June 2009 $193.16 $193.16 Repayment Received
July 2009 $406.84 $406.84 Repayment Received