Ruzibibi Rasulova


Status: Paid Back

$800.00   Loan Request
$800.00   Paid Back

About the Entrepreneur

Name: Ruzibibi Rasulova
Location: Kanibadam, Tajikistan
Activity: Fruits & Vegetables

About the Loan

Loan Amount: $800.00
Loan Use: Increasing the range of vegetables at her produce stand.
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Feb 17, 2009
Date Disbursed: Feb 12, 2009
Date Funded:Feb 17, 2009
Loan Ended:Sep 15, 2009

About the Country

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



Rasulova Ruzibibi is a hard working woman and since 2004 has dedicated herself to selling a variety of vegetables in the central market of Kanibadam. She characterized herself as happy and humble. She started her business with her savings, which she had accumulated over a long period of time. She is the mother of 4 children that she would like to offer an education to them as they are minors. Her biggest dream is to prepare her children to have professions so they don't have to suffer like she did since childhood working hard labor. To realize this dream, Ruzibibi now requests $800 USD for the term of 6 months. With this loan she wants to buy more goods to increase her earnings.

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 for it’s 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, 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 Ruzibibi Rasulova


Loan has been disbursed
 
Entrepreneur: Ruzibibi Rasulova
Location: Kanibadam, Tajikistan

Thank you for your loan. It has been disbursed to Ruzibibi Rasulova 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 Kanibadam, Tajikistan
Feb 18, 2009
Comment on this entry

Loan has been repaid successfully
 
Entrepreneur: Ruzibibi Rasulova
Location: Kanibadam, Tajikistan

Rasulova Ruzibibi is thankful to Kiva and all the lenders. With the loan she increased her stock of vegetables and diversified her business. Ruzibibi said, with the profit, she repaired the family house and improved the family living. She is looking forward for more loans from Kiva to further expand her business. Ruzibibi thanks everyone who supported her as exactly your timely assistance allowed her developing her business.


Posted by Jahongir Abdulloev from Kanibadam, Tajikistan
Sep 30, 2009
Comment on this entry

Kiva Help Repayment Schedule for Ruzibibi Rasulova

  Expected Repayments Actual Repayments Comments
May 2009 $124.19 $124.19 Repayment Received
June 2009 $127.71 $127.70 Repayment Received
July 2009 $131.33 $131.33 Repayment Received
August 2009 $135.05 $135.05 Repayment Received
September 2009 $138.88 $138.89 Repayment Received
October 2009 $142.84 $142.84 Repayment Received