Abbosjon Abdullaev


Status: Paying Back

$800.00   Loan Amount
40% repaid

About the Entrepreneur

Name: Abbosjon Abdullaev
Location: Spitamen, Tajikistan
Activity: Cattle

About the Loan

Loan Amount: $800.00
Loan Use: Purchasing a calf
Repayment Term: 13 months - View details below
Lenders Repaid: Irregularly
Currency Exchange Loss: N/A
Date Listed: Mar 11, 2009
Date Disbursed: Mar 10, 2009
Date Funded:Mar 12, 2009

About the Country

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



Abbosjon is a young married man who raises livestock to help his parents with their expenses and, in the future, to build his own house. This isn't an unpleasant occupation for him. Actually it is quite the contrary - he carries out his duties with enormous pleasure and with great affection towards the animals, taking care of them the best way possible.


Like every young person, he has dreams that he wants to see materialized. One of them is to add to his livestock herd, so that with time he will be able to sell them in the markets, especially on holidays. Abbosjon is requesting a loan for this reason. He wishes to purchase a calf to add to his herd of animals and to increase his income by the year's end.


More about Tajikistan and IMON International


Tajikistan is perhaps best known for its rich history, which includes a key post along the Silk Road; for the end of Alexander the Great's rule; and for its famous great thinkers, philosophers, scientists and poets, like 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 Abbosjon Abdullaev


Loan has been disbursed
 
Entrepreneur: Abbosjon Abdullaev
Location: Spitamen, Tajikistan

Thank you for your loan. It has been disbursed to Abbosjon Abdullaev 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 Spitamen, Tajikistan
Mar 13, 2009
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Kiva Help Repayment Schedule for Abbosjon Abdullaev

  Expected Repayments Actual Repayments Comments
October 2009 $104.93 $104.93 Repayment Received
November 2009 $107.91 $107.91 Repayment Received
December 2009 $110.96 $110.96 Repayment Received
January 2010 $114.11 Available Jan 1  
February 2010 $117.34 Available Feb 1  
March 2010 $120.67 Available Mar 1  
April 2010 $124.08 Available Apr 1