Radjabali Sheraliev


Status: Paying Back

$700.00   Loan Amount
75% repaid

About the Entrepreneur

Name: Radjabali Sheraliev
Location: Dushanbe, Tajikistan
Activity: Grocery Store

About the Loan

Loan Amount: $700.00
Loan Use: Purchase foodstuffs to increase range of goods for sale in his grocery store
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Mar 16, 2009
Date Disbursed: Mar 4, 2009
Date Funded:Mar 16, 2009

About the Country

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



Radjabali is a 33-year-old, married father of 5 children. He provides for his family with the revenue generated by the grocery store he owns. He is requesting a loan of $700 for the term of 9 months to increase the stock of food goods available at his store. Radjabali is ready to work even harder and make sacrifices to achieve his goal of becoming a successful entrepreneur and supporting his children's efforts to get good educations. We believe his perseverance and clear vision will ensure the success of his small business.

More about Tajikistan and IMON International

Tajikistan is perhaps best known for its rich history, which includes a key post along the Silk Road; its role in ending Alexander the Great's rule; and its famous cultural figures, 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 fourth millennium BC. Even today, Tajikistan is a complex mixture of the Islamic faith, Soviet culture, modern Western culture, and Central Asian traditions. Tajikistan is also the poorest of the former Soviet republics. A civil war that began soon after its independence from the U.S.S.R. further damaged Tajikistan's 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 to potential lenders. 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 Radjabali Sheraliev


Loan has been disbursed
 
Entrepreneur: Radjabali Sheraliev
Location: Dushanbe, Tajikistan

Thank you for your loan. It has been disbursed to Radjabali Sheraliev by IMON International in Tajikistan. We are excited to watch this business grow. Over the 9 months of this loan, IMON International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Dushanbe, Tajikistan
Mar 17, 2009
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Kiva Help Repayment Schedule for Radjabali Sheraliev

  Expected Repayments Actual Repayments Comments
June 2009 $69.38 $69.38 Repayment Received
July 2009 $71.34 $71.34 Repayment Received
August 2009 $73.36 $73.36 Repayment Received
September 2009 $75.44 $75.44 Repayment Received
October 2009 $77.58 $77.58 Repayment Received
November 2009 $79.78 $79.78 Repayment Received
December 2009 $82.04 $82.04 Repayment Received
January 2010 $84.36 Available Jan 1  
February 2010 $86.72 Available Feb 1