Kuldosh Zulhaidarov


Status: Paying Back

$1,000.00   Loan Amount
47% repaid

About the Entrepreneur

Name: Kuldosh Zulhaidarov
Location: Shahristan, Tajikistan
Activity: Farming

About the Loan

Loan Amount: $1,000.00
Loan Use: To buy potato seeds
Repayment Term: 14 months - View details below
Lenders Repaid: Irregularly
Currency Exchange Loss: Covered
Date Listed: Jan 23, 2009
Date Disbursed: Jan 19, 2009
Date Funded:Jan 24, 2009

About the Country

Country:Tajikistan
Avg Annual Income:$1,388.00
Currency:Tajikistan Somoni (TJS)
Exchange Rate:3.5089 TJS = 1 USD



Kuldosh is 58 years old but in spite of his years he still works in the fields. He and his three sons grow potatoes on land that he rents. They work from early in the morning to late at night. Kuldosh would like to have a rich harvest this season so that his son can get married. To make this possible, he has applied for a loan to buy more potato seeds.

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 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 percent of the country is mountainous and only 7 percent 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 lives 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. 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 Kuldosh Zulhaidarov


Loan has been disbursed
 
Entrepreneur: Kuldosh Zulhaidarov
Location: Shahristan, Tajikistan

Thank you for your loan. It has been disbursed to Kuldosh Zulhaidarov by IMON International in Tajikistan. We are excited to watch this business grow. Over the 12 months of this loan, IMON International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Shahristan, Tajikistan
Jan 25, 2009
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Kiva Help Repayment Schedule for Kuldosh Zulhaidarov

  Expected Repayments Actual Repayments Comments
October 2009 $154.60 $154.60 Repayment Received
November 2009 $159.23 $159.23 Repayment Received
December 2009 $164.01 $164.01 Repayment Received
January 2010 $168.93 Available Jan 1  
February 2010 $174.00 Available Feb 1  
March 2010 $179.23 Available Mar 1