Hurmat Solieva


Status: Paying Back

$800.00   Loan Amount
63% repaid

About the Entrepreneur

Name: Hurmat Solieva
Location: Shahrituz, Tajikistan
Activity: Clothing Sales

About the Loan

Loan Amount: $800.00
Loan Use: Purchase Tajik national dresses for women in order to increase the range of goods for selling.
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Mar 9, 2009
Date Disbursed: Mar 2, 2009
Date Funded:Mar 9, 2009

About the Country

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



Hurmat Solieva is a hardworking and responsible widowed woman with two adult children. To support herself and her children, Hurmat has worked selling Tajik national dresses for women in a roving market. From that job, she makes money for her home. These activities have also permitted her to make time available to be with her children. Life hasn't been easy for Hurmat, as she now carries the responsibility for her family alone, but her love for her children motivated her to get ahead. To increase her sales, Hurmat requests a loan of $ 800 USD, which she will use to buy merchandise that is on sale and which she will use to sell at a special price to her customers. This will allow her to grow her customer base. You can be an important enabler of Hurmat's accomplishments. She needs your help to grow her business and improve the quality of her living.


More about Tajikistan and IMON International:


Tajikistan is perhaps best known for its rich history, which includes a key post along the Silk Road and the end of Alexander the Great's rule. Its history also includes 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 lives 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 Hurmat Solieva


Loan has been disbursed
 
Entrepreneur: Hurmat Solieva
Location: Shahrituz, Tajikistan

Thank you for your loan. It has been disbursed to Hurmat Solieva by IMON International in Tajikistan. We are excited to watch this business grow. Over the 11 months of this loan, IMON International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Shahrituz, Tajikistan
Mar 10, 2009
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Kiva Help Repayment Schedule for Hurmat Solieva

  Expected Repayments Actual Repayments Comments
May 2009 $57.45 $57.45 Repayment Received
June 2009 $58.98 $58.98 Repayment Received
July 2009 $60.55 $60.55 Repayment Received
August 2009 $62.17 $62.17 Repayment Received
September 2009 $63.82 $63.82 Repayment Received
October 2009 $65.53 $65.53 Repayment Received
November 2009 $67.27 $67.27 Repayment Received
December 2009 $69.07 $69.07 Repayment Received
January 2010 $70.91 Available Jan 1  
February 2010 $72.80 Available Feb 1  
March 2010 $74.74 Available Mar 1  
April 2010 $76.71 Available Apr 1