Anvar Rahimov


Status: Paid Back

$500.00   Loan Request
$500.00   Paid Back

About the Entrepreneur

Name: Anvar Rahimov
Location: Isfara, Tajikistan
Activity: Vehicle Repairs

About the Loan

Loan Amount: $500.00
Loan Use: Purchasing tools and spare parts used to repair cars
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Mar 11, 2009
Date Disbursed: Mar 6, 2009
Date Funded:Mar 12, 2009
Loan Ended:Oct 15, 2009

About the Country

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



Anvar is a hardworking entrepreneur from Isfara, Tajikistan. He has operated his own car repair business for the past 10 years. Anvar has extensive experience in this field and his skills are very much in demand. Car ownership is increasing rapidly in Tajikistan which means more business for repair technicians like Anvar. Anvar works hard to earn a good income and support his family. He and his wife have two children. Anvar has requested a short-term loan of $500 USD to buy some tools that he needs for his business. The income from this loan will help him pay for the schooling expenses for his children.

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 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 the country’s 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 Anvar Rahimov


Loan has been disbursed
 
Entrepreneur: Anvar Rahimov
Location: Isfara, Tajikistan

Thank you for your loan. It has been disbursed to Anvar Rahimov 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 Isfara, Tajikistan
Mar 13, 2009
Comment on this entry

The loan has been successfully repaid.
 
Entrepreneur: Anvar Rahimov
Location: Isfara, Tajikistan

Anvar is successfully doing his business. He repaid his loan in time without any violations. He said that the loan amount was invested in purchasing tools and spare parts used to repair cars. Anvar said thanks Kiva and all lenders for the loan that was really helpful for him.


Posted by Jahongir Abdulloev from Isfara, Tajikistan
Oct 29, 2009
Comment on this entry

Kiva Help Repayment Schedule for Anvar Rahimov

  Expected Repayments Actual Repayments Comments
June 2009 $77.95 $77.95 Repayment Received
July 2009 $80.03 $80.03 Repayment Received
August 2009 $82.16 $82.16 Repayment Received
September 2009 $84.35 $84.35 Repayment Received
October 2009 $86.60 $86.60 Repayment Received
November 2009 $88.91 $88.91 Repayment Received