Abdukadir Mavlyanov


Status: Paying Back

$925.00   Loan Amount
71% repaid

About the Entrepreneur

Name: Abdukadir Mavlyanov
Location: Dushanbe, Tajikistan
Activity: Grocery Store

About the Loan

Loan Amount: $925.00
Loan Use: Purchasing foodstuffs to increase the range of goods he sells
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 27, 2009
Date Disbursed: Jan 15, 2009
Date Funded:Jan 27, 2009

About the Country

Country:Tajikistan
Avg Annual Income:$1,388.00
Currency:Tajikistan Somoni (TJS)
Exchange Rate:3.5429 TJS = 1 USD



Abdukadir Mavlyanov is 41 years old. He is married with four children. He is a small entrepreneur who sells various kinds of foodstuffs such as: cookies, candies, soft drinks, juices, macaroni, detergents and many others in his grocery store which he built 10 years ago. Currently Abdukadir has about US$ 1000 in inventory. His monthly net profit is about US$ 300.



Today Abdukadir is requesting a loan of 3200 Somoni for the term of 12 months to increase his stock. He is ready to work even harder, make sacrifices and push every once in a while to achieve his goal and become a successful entrepreneur. One of his dreams is that his children might progress by means of their studies, for which he is doing his very best. We believe his perseverance and clear vision will become key success factors in his small business.




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 with it’s famous great thinkers, philosophers, scientists and poets 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 Abdukadir Mavlyanov


Loan has been disbursed
 
Entrepreneur: Abdukadir Mavlyanov
Location: Dushanbe, Tajikistan

Thank you for your loan. It has been disbursed to Abdukadir Mavlyanov 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 Dushanbe, Tajikistan
Jan 28, 2009
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Kiva Help Repayment Schedule for Abdukadir Mavlyanov

  Expected Repayments Actual Repayments Comments
April 2009 $64.56 $64.57 Repayment Received
May 2009 $66.61 $66.61 Repayment Received
June 2009 $68.72 $68.71 Repayment Received
July 2009 $70.89 $70.89 Repayment Received
August 2009 $73.14 $73.14 Repayment Received
September 2009 $75.45 $75.45 Repayment Received
October 2009 $77.84 $77.84 Repayment Received
November 2009 $80.31 $80.31 Repayment Received
December 2009 $82.85 $82.85 Repayment Received
January 2010 $85.48 Available Jan 1  
February 2010 $88.18 Available Feb 1  
March 2010 $90.97 Available Mar 1