Juraev Juraev


Status: Paid Back

$1,200.00   Loan Request
$1,200.00   Paid Back

About the Entrepreneur

Name: Juraev Juraev
Location: Kanibadam, Tajikistan
Activity: Transportation

About the Loan

Loan Amount: $1,200.00
Loan Use: To buy a gas cylinder for his truck.
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jan 24, 2009
Date Disbursed: Jan 22, 2009
Date Funded:Jan 24, 2009
Loan Ended:Nov 15, 2009

About the Country

Country:Tajikistan
Avg Annual Income:$1,388.00
Currency:United States Dollars (USD)



Akbar is married and has one child. His wife has a degree and works as a teacher in high school. But unfortunately her salary isn’t enough to support the family, so Akbar started a business transporting goods with his truck. He has done this for more than three years, but earns barely enough money to live on. So he decided to save on road expenses by buying another gas cylinder. He also wants to get some spare parts for his truck.

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, Western culture and Central Asian traditions.

But Tajikistan is also the poorest of the former Soviet republics. 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 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 Juraev Juraev


Loan has been disbursed
 
Entrepreneur: Juraev Juraev
Location: Kanibadam, Tajikistan

Thank you for your loan. It has been disbursed to Juraev Juraev 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 Kanibadam, Tajikistan
Jan 25, 2009
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Kiva Help Repayment Schedule for Juraev Juraev

  Expected Repayments Actual Repayments Comments
April 2009 $118.93 $118.93 Repayment Received
May 2009 $122.30 $122.30 Repayment Received
June 2009 $125.76 $125.76 Repayment Received
July 2009 $129.33 $129.33 Repayment Received
August 2009 $132.99 $132.99 Repayment Received
September 2009 $136.76 $136.76 Repayment Received
October 2009 $140.64 $140.64 Repayment Received
November 2009 $144.62 $144.62 Repayment Received
December 2009 $148.67 $148.67 Repayment Received