Okhunbobo Davronov


Status: Paying Back

$3,000.00   Loan Amount
15% repaid

About the Entrepreneur

Name: Okhunbobo Davronov
Location: Istaravshan, Tajikistan
Activity: Farming

About the Loan

Loan Amount: $3,000.00
Loan Use: Purchasing of seeds and fertilizer.
Repayment Term: 14 months - View details below
Lenders Repaid: Irregularly
Currency Exchange Loss: N/A
Date Listed: Mar 13, 2009
Date Disbursed: Mar 12, 2009
Date Funded:Mar 17, 2009

About the Country

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



Davronov Okhunbobo is the happily married father of two children. He leases eight hectares of land, all of which are planted with vegetables, as there is generally adequate irrigation all year round in the area. Thus, over the course of a year, the land can be planted on a rotational basis with potato, tomato, cucumber, wheat, and barley. Besides these, he has many fruit trees on his land. This rotational planting process preserves the richness of the land. Of course, it is also dependent on the weather.


For cultivating land this size, Okhunbobo requires additional funds to increase his expected yield. Last season, Okhunbobo faced considerable difficulties in terms of supplying his land with sufficient water. He has applied to IMON International for a loan in order to ensure a good yield of fruits and vegetables. This is Okhunbobo’s first loan and he is sure that his successful efforts will increase his income and improve his family’s welfare.


More about Tajikistan


Tajikistan is perhaps best known for its rich history, which includes being a key post along the Silk Road and being the location of the end of the rule of Alexander the Great. It is also known for its famous great thinkers, philosophers, scientists and poets, such as Rudaki, Ibn Sina (Avicenna), Firdousi, Omar Haiyam, Jomi, Mavlavi Rumi, and many others. The country, filled with epic mountain passes, is home to communities that still speak the ancient Sogdian language, and boasts a civilization that dates back to the fourth millennium BC. 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 percent of the country is mountainous and only 7 percent 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.


More about IMON International


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 Okhunbobo Davronov


Loan has been disbursed
 
Entrepreneur: Okhunbobo Davronov
Location: Istaravshan, Tajikistan

Thank you for your loan. It has been disbursed to Okhunbobo Davronov 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 Istaravshan, Tajikistan
Mar 18, 2009
Comments (1)

Kiva Help Repayment Schedule for Okhunbobo Davronov

  Expected Repayments Actual Repayments Comments
December 2009 $467.69 $467.69 Repayment Received
January 2010 $480.16 Available Jan 1  
February 2010 $492.97 Available Feb 1  
March 2010 $506.11 Available Mar 1  
April 2010 $519.61 Available Apr 1  
May 2010 $533.46 Available May 1