Subhon Mahkamov


Status: Paying Back

$1,200.00   Loan Amount
54% repaid

About the Entrepreneur

Name: Subhon Mahkamov
Location: Isfara, Tajikistan
Activity: Transportation

About the Loan

Loan Amount: $1,200.00
Loan Use: To buy spare parts to repair his microbus
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Mar 11, 2009
Date Disbursed: Mar 10, 2009
Date Funded:Mar 17, 2009

About the Country

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



Mahkamov Subhon is 38 years old. He dedicates his time to driving a taxi and a microbus. He currently relies on two vehicles for his public transport business, one of which he drives personally. He rents the microbus. He has a wife and three children. Subhon has about six years of experience in the public transportation field. The competition is rather high in this business because there are so many people who need it.

His current request will help him to maintain his vehicle, since this is the tool of his trade. He is counting on your help and requesting a loan of $1200 USD for 12 months. With the loan, he’ll purchase spare parts for his microbus. With your support, Subhon will continue to progress.

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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Journal entries for Subhon Mahkamov


Loan has been disbursed
 
Entrepreneur: Subhon Mahkamov
Location: Isfara, Tajikistan

Thank you for your loan. It has been disbursed to Subhon Mahkamov by IMON International in Tajikistan. We are excited to watch this business grow. Over the 12 months of this loan, IMON International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Isfara, Tajikistan
Mar 18, 2009
Comments (1)

Kiva Help Repayment Schedule for Subhon Mahkamov

  Expected Repayments Actual Repayments Comments
June 2009 $86.17 $86.17 Repayment Received
July 2009 $88.47 $88.47 Repayment Received
August 2009 $90.83 $90.83 Repayment Received
September 2009 $93.25 $93.25 Repayment Received
October 2009 $95.74 $95.74 Repayment Received
November 2009 $98.29 $98.29 Repayment Received
December 2009 $100.91 $100.91 Repayment Received
January 2010 $103.60 Available Jan 1  
February 2010 $106.36 Available Feb 1  
March 2010 $109.20 Available Mar 1  
April 2010 $112.11 Available Apr 1  
May 2010 $115.07 Available May 1