Komil Iskandarov


Status: Paid Back

$1,175.00   Loan Request
$1,175.00   Paid Back

About the Entrepreneur

Name: Komil Iskandarov
Location: Isfara, Tajikistan
Activity: Farming

About the Loan

Loan Amount: $1,175.00
Loan Use: Purchasing of cattle and small cattle to expand the business.
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Dec 24, 2008
Date Disbursed: Dec 3, 2008
Date Funded:Dec 24, 2008
Loan Ended:Oct 15, 2009

About the Country

Country:Tajikistan
Avg Annual Income:$1,388.00
Currency:Tajikistan Somoni (TJS)
Exchange Rate:3.4187 TJS = 1 USD



For the past 6 years, Komil has worked in agriculture and the raising of animals. He raises cows which he cares for greatly since, thanks to them, he can cover his household expenses through the milk which he sells in the mornings. Komil showed us his animals with great happiness as his cows were about to be vaccinated against the various sicknesses that affect that type of livestock.

For Komil, it is very important to work his land and raise his animals, which is why he is currently seeking a loan in order to purchase another cow so that his wife can make more milk and sell it in the local markets. That will help his family to generate additional income. We appreciate your support for Komil’s projects.

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 it’s famous great thinkers, philosophers, scientists and poets such as: Rudaki, Ibn Sina (Avicenna), Firdousi, Omar Haiyam, Jomi, Mavlavi Rumi and many others.

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, New West 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. To learn more about IMON International's work, please visit: www.imon.tj






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Journal entries for Komil Iskandarov


Loan has been disbursed
 
Entrepreneur: Komil Iskandarov
Location: Isfara, Tajikistan

Thank you for your loan. It has been disbursed to Komil Iskandarov by IMON International in Tajikistan. We are excited to watch this business grow. Over the 9 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 25, 2008
Comment on this entry

The loan has been successfully repaid.
 
Entrepreneur: Komil Iskandarov
Location: Isfara, Tajikistan

IMON would like to inform you that Komil has just paid back the last installment of his loan! This was the second loan he has received and we are so thrilled that he experienced such great personal success. Over the past 10 months he has been able to drastically improve his agricultural business and has seen increased profits. He hopes to be able to save enough money to make some improvements around his house, including a better floor and roof. Komil wants to thank you for supporting and believing in him. On behalf of IMON, thank you for your continued generosity!


Posted by Jahongir Abdulloev from Isfara, Tajikistan
Nov 1, 2009
Comment on this entry

Kiva Help Repayment Schedule for Komil Iskandarov

  Expected Repayments Actual Repayments Comments
February 2009 $103.29 $103.29 Repayment Received
March 2009 $106.21 $106.21 Repayment Received
April 2009 $109.22 $109.22 Repayment Received
May 2009 $112.32 $112.32 Repayment Received
June 2009 $115.50 $115.49 Repayment Received
July 2009 $118.77 $118.77 Repayment Received
August 2009 $122.14 $122.14 Repayment Received
September 2009 $125.60 $125.61 Repayment Received
October 2009 $129.15 $129.15 Repayment Received
November 2009 $132.80 $132.80 Repayment Received