Djonoro Sattorova


Status: Paying Back

$925.00   Loan Amount
71% repaid

About the Entrepreneur

Name: Djonoro Sattorova
Location: Dushanbe, Tajikistan
Activity: Catering

About the Loan

Loan Amount: $925.00
Loan Use: Purchasing flour, oil, and other foodstuffs
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 26, 2009
Date Disbursed: Jan 15, 2009
Date Funded:Jan 26, 2009

About the Country

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



Djonoro Sattorova is 39 years old. She is a widow and has four children. Djonoro is running a catering business where she is providing meals consisting of the national cuisine. She’s renting her catering room which is located in the central local market which allows Djonoro to have many customers, the majority of whom are those making purchases in the market.



Every day she purchases the freshest foodstuff and cooks delicious dishes. Her daughters help her with the business. Now she is asking for a loan of 3200 Somoni with a term of 12 months in order to expand her business so as to earn enough to be able to send her children to the university next year. She will use the loan for buying flour, oil and other foodstuffs. She thanks all supporting her and promises to repay the loan promptly. Let’s get behind this dedicated mother to make her dreams become reality!




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 Djonoro Sattorova


Loan has been disbursed
 
Entrepreneur: Djonoro Sattorova
Location: Dushanbe, Tajikistan

Thank you for your loan. It has been disbursed to Djonoro Sattorova 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 27, 2009
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Kiva Help Repayment Schedule for Djonoro Sattorova

  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