Tolib Hasanov


Status: Paying Back

$1,100.00   Loan Amount
48% repaid

About the Entrepreneur

Name: Tolib Hasanov
Location: Istaravshan, Tajikistan
Activity: Farming

About the Loan

Loan Amount: $1,100.00
Loan Use: Purchasing seeds, fertilizer, fuels and lubricants
Repayment Term: 12 months - View details below
Lenders Repaid: Irregularly
Currency Exchange Loss: N/A
Date Listed: Feb 18, 2009
Date Disbursed: Feb 5, 2009
Date Funded:Feb 19, 2009

About the Country

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



Hasanov Tolib is 48 years old and lives in Istaravshan town with his wife works as a shopkeeper to help with the living expenses.Tolib has four sons who also help him. For thirty years Tolib has worked his land which produces potato, tomato and cucumber. His greatest dream is to be able to establish more crops to that he can leave equal parts to his children. He started farming as a child, with his parents teaching him. He is requesting financing to buy supplies for his crops in order to get a good yield and sell more in the market.

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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Loan has been disbursed
 
Entrepreneur: Tolib Hasanov
Location: Istaravshan, Tajikistan

Thank you for your loan. It has been disbursed to Tolib Hasanov by IMON International in Tajikistan. We are excited to watch this business grow. Over the 10 months of this loan, IMON International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Istaravshan, Tajikistan
Feb 20, 2009
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Kiva Help Repayment Schedule for Tolib Hasanov

  Expected Repayments Actual Repayments Comments
November 2009 $264.24 $264.24 Repayment Received
December 2009 $271.28 $271.28 Repayment Received
January 2010 $278.52 Available Jan 1  
February 2010 $285.96 Available Feb 1