Nigora Masaidova


Status: Paying Back

$675.00   Loan Amount
40% repaid

About the Entrepreneur

Name: Nigora Masaidova
Location: Khujand, Tajikistan
Activity: Farming

About the Loan

Loan Amount: $675.00
Loan Use: Purchasing mineral fertilizer
Repayment Term: 13 months - View details below
Lenders Repaid: Irregularly
Currency Exchange Loss: Covered
Date Listed: Mar 11, 2009
Date Disbursed: Mar 4, 2009
Date Funded:Mar 11, 2009

About the Country

Country:Tajikistan
Avg Annual Income:$1,388.00
Currency:Tajikistan Somoni (TJS)
Exchange Rate:3.7415 TJS = 1 USD



Nigora is an extremely diligent and experienced woman, well-trained in her agricultural endeavor. It is for this reason that with much effort, she is able to produce fruit and vegetables which she then sells to wholesale merchants who take their products to all the markets in the region. This activity allowed her to improve her living and to support her children with school expenses. Currently Nigora needs a substantial increase in her investment capital and she appeals to your generous hearts to help her increase her production.



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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Journal entries for Nigora Masaidova


Loan has been disbursed
 
Entrepreneur: Nigora Masaidova
Location: Khujand, Tajikistan

Thank you for your loan. It has been disbursed to Nigora Masaidova 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 Khujand, Tajikistan
Mar 12, 2009
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Kiva Help Repayment Schedule for Nigora Masaidova

  Expected Repayments Actual Repayments Comments
October 2009 $88.09 $88.09 Repayment Received
November 2009 $90.74 $90.74 Repayment Received
December 2009 $93.46 $93.46 Repayment Received
January 2010 $96.26 Available Jan 1  
February 2010 $99.15 Available Feb 1  
March 2010 $102.12 Available Mar 1  
April 2010 $105.18 Available Apr 1