Rano Usmonova


Status: Paid Back

$600.00   Loan Request
$600.00   Paid Back

About the Entrepreneur

Name: Rano Usmonova
Location: Dushanbe, Tajikistan
Activity: Clothing Sales

About the Loan

Loan Amount: $600.00
Loan Use: Increasing her working capital
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jan 29, 2009
Date Disbursed: Jan 19, 2009
Date Funded:Jan 29, 2009
Loan Ended:Aug 15, 2009

About the Country

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



Rano Usmonova is 44 years old. She is married and has three children. Rano is a woman determined to search for the best things in life and offer them to her dearly loved children. This eagerness means that she is always on the lookout for profitable new activities. She is accompanied and helped by her sister, who encouraged her to do this 15 years ago, when she moved to settle in her home town. She has devoted herself to selling women’s clothing, and now she is satisfied as her business has provided her with sufficient income to cover the cost of primary education for her four young children. Today Rano is requesting your help in getting a loan of 600 USD for the term of 6 months to add a new stock to her merchandise. Your support means a great deal to Rano. Please offer her your help!




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 its 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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Lenders to this entrepreneur

stephen
chicago, IL
United States

Anonymous
Minneapolis, MN
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Beverly
Lawrence, KS
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Bards and Sages
Bellmawr, NJ
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Good Dogg
Front Porch, www.kivafriends.org
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Tom
Beaverton, OR
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Teresa
Santa Clarita, CA
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Wanda
Ottawa, Ontario
Canada

ALPHAGRAPHICS/Northbrook
Northbrook, IL
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Marc & Donna
Olive Branch, MS
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Christopher
Beaverton, OR
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Kerstin
Brookfield, WI
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Chyi
Bunkyo-ku, Tokyo
Japan

STEVE
LAS VEGAS, NV
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Margaret
Leduc, Alberta
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wendy
huntsville, TX
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Journal entries for Rano Usmonova


Loan has been disbursed
 
Entrepreneur: Rano Usmonova
Location: Dushanbe, Tajikistan

Thank you for your loan. It has been disbursed to Rano Usmonova by IMON International in Tajikistan. We are excited to watch this business grow. Over the 6 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 30, 2009
Comment on this entry

The loan has been successfully repaid.
 
Entrepreneur: Rano Usmonova
Location: Dushanbe, Tajikistan

Usmonova Rano has carefully repaid her loan. Her business is going well. The loan from KIVA she spent for expanding her assortment and made good profit from it. Considering that her business is the main source of income for her family Rano was really happy. Presently she is going to trip for purchase autumn assortment of goods. Rano and her children want to thank KIVA and all lenders for their help. Certainly, Rano shall not stop the development of her business and planning to grow and grow in future. Thank you!


Posted by Jahongir Abdulloev from Dushanbe, Tajikistan
Sep 2, 2009
Comment on this entry

Kiva Help Repayment Schedule for Rano Usmonova

  Expected Repayments Actual Repayments Comments
April 2009 $93.15 $93.15 Repayment Received
May 2009 $95.79 $95.79 Repayment Received
June 2009 $98.50 $98.50 Repayment Received
July 2009 $101.29 $101.29 Repayment Received
August 2009 $104.16 $104.16 Repayment Received
September 2009 $107.11 $107.11 Repayment Received