Toshmamad Barotov


Status: Paying Back

$1,200.00   Loan Amount
90% repaid

About the Entrepreneur

Name: Toshmamad Barotov
Location: Istaravshan, Tajikistan
Activity: Farming

About the Loan

Loan Amount: $1,200.00
Loan Use: Purchasing of mineral fertilizer, plus fuels and lubricants for tools
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 14, 2009
Date Disbursed: Nov 27, 2008
Date Funded:Jan 16, 2009

About the Country

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



Toshmamad Barotov is 50 years old. He is married and the father of 6 children. Toshmamad is a hardworking and enterprising man who constantly tries to do things better and improve day after day. He works hard in his fields, where he spends as much time as possible providing the necessary care, fertilizing his land and spraying to prevent diseases that might affect his yields. Toshmamad needs tools and fertilizers to continue his difficult work of tending his crops so that they can be taken to the capital city for sale. That's why he's applying for a loan of 4000 Somoni ($1,200) for the term of 12 months. Together we can reach out our hands to help Toshmamad!

More about Tajikistan and IMON International

Tajikistan is perhaps best known for its rich history, which includes a key post along the Silk Road, the end of Alexander the Great's rule, and the birthplace of the great Persian poet Rudaki and the most famous Islamic philosopher Ibn Sina (Avicenna). The country is home to communities that still speak the ancient Sogdian language, epic mountain passes, and a civilization that dates back to the 4th millennium BC. And, even today, it is a complex mixture of the Islamic faith, Soviet culture, and Central Asian traditions. But Tajikistan is also the poorest of the former Soviet republics. The civil war, which ignited soon after its independence from the U.S.S.R., further damaged the already weak economy. In addition, 93% of the country is mountainous and only 7% of the land is arable. These conditions have resulted in high levels of unemployment and have forced hundreds of thousands to seek work in other countries, mainly Russia. While the people of Tajikistan are working to improve its agricultural production and manufacturing sector, nearly two-thirds of the population still live in abject poverty.

IMON's History
Since December 2007, IMON International has worked closely with Kiva and Kiva lenders to ensure that poor and low-income clients represent a viable business proposition. Funds raised through Kiva have already been distributed to thousands of IMON International's clients and will continue to provide thousands more with permanent access to the varied financial services they need.

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Journal entries for Toshmamad Barotov


Loan has been disbursed
 
Entrepreneur: Toshmamad Barotov
Location: Istaravshan, Tajikistan

Thank you for your loan. It has been disbursed to Toshmamad Barotov 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 Istaravshan, Tajikistan
Jan 17, 2009
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Kiva Help Repayment Schedule for Toshmamad Barotov

  Expected Repayments Actual Repayments Comments
March 2009 $173.14 $173.14 Repayment Received
April 2009 $90.26 $90.26 Repayment Received
May 2009 $92.82 $92.82 Repayment Received
June 2009 $95.45 $95.45 Repayment Received
July 2009 $98.15 $98.15 Repayment Received
August 2009 $100.93 $100.94 Repayment Received
September 2009 $103.80 $103.79 Repayment Received
October 2009 $106.74 $106.74 Repayment Received
November 2009 $109.76 $109.76 Repayment Received
December 2009 $112.87 $112.87 Repayment Received
January 2010 $116.08 Available Jan 1