Zafar Rahimov


Status: Paid Back

$750.00   Loan Request
$750.00   Paid Back

About the Entrepreneur

Name: Zafar Rahimov
Location: Isfara, Tajikistan
Activity: Taxi

About the Loan

Loan Amount: $750.00
Loan Use: To repair his car
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Dec 19, 2008
Date Disbursed: Nov 21, 2008
Date Funded:Dec 20, 2008
Loan Ended:Sep 15, 2009

About the Country

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



Zafar Rahimov is 37 years old. He is married with three children. Zafar is a very diligent and hard-working man. He provides taxi services with his car. Zafar’s usual center of business is Isfara-Khujand. For the last two years, his taxi business has been the main source of income for his family. This has allowed him to help improve the living conditions of his large family.


Currently, his daily profit is about 80-100 Somoni. In addition to his wife and children, he also supports his parents. Like any business, his business requires additional capital from time to time. His car has fallen into disrepair and he needs to fix it. For this reason, Zafar is requesting 2500 Somoni ($750 USD) for the term of 9 months. Zafar promises to repay the loan promptly and thanks all who support him.


More about Tajikistan and IMON International:
Tajikistan is perhaps best known for its rich history. History of note includes: it was once a key post along the Silk Road; the end of Alexander the Great's rule; the birthplace of the great Persian poet Rudaki; and the birthplace of 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.


However, 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 have a viable business proposition when they request a loan. Funds raised through Kiva have already been distributed to thousands of IMON International's clients and IMON will continue to provide thousands more with permanent access to the varied financial services they need. To learn more about IMON International's work, please visit: www.imon.tj


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Lenders to this entrepreneur

Paul
Encino, CA
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Chris
la grange, IL
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David
London, London
United Kingdom

Emo
NYC, NY
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Danusia and Constantin
Bellevue, WA
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Evi
Palo Alto, CA
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Linda
Milford, MA
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Mary N.
North Kansas City, MO
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Steve
Columbus, OH
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Karl
Madison, WI
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Peter
San Francisco, CA
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Mary
Providence, RI
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Anonymous

Lawrence & Laurie
Saint John, NB
Canada



Journal entries for Zafar Rahimov


Loan has been disbursed
 
Entrepreneur: Zafar Rahimov
Location: Isfara, Tajikistan

Thank you for your loan. It has been disbursed to Zafar Rahimov by IMON International in Tajikistan. We are excited to watch this business grow. Over the 8 months of this loan, IMON International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Isfara, Tajikistan
Dec 21, 2008
Comment on this entry

The loan has been successfully repaid.
 
Entrepreneur: Zafar Rahimov
Location: Isfara, Tajikistan

Zafar covered the maintenance and spare parts for his taxi. And now is more relaxed since his machine is working as new allowing him to provide the taxi services in high quality. Zafar wants to thank you for supporting and believing in him. On behalf of IMON International, thank you for your continued generosity!


Posted by Jahongir Abdulloev from Isfara, Tajikistan
Sep 30, 2009
Comments (1)

Kiva Help Repayment Schedule for Zafar Rahimov

  Expected Repayments Actual Repayments Comments
February 2009 $73.33 $73.33 Repayment Received
March 2009 $75.65 $75.65 Repayment Received
April 2009 $78.04 $78.05 Repayment Received
May 2009 $80.52 $80.52 Repayment Received
June 2009 $83.07 $83.06 Repayment Received
July 2009 $85.70 $85.70 Repayment Received
August 2009 $88.41 $88.41 Repayment Received
September 2009 $91.21 $91.21 Repayment Received
October 2009 $94.07 $94.07 Repayment Received