Andokul Sarimsokov


Status: Paying Back

$1,075.00   Loan Amount
58% repaid

About the Entrepreneur

Name: Andokul Sarimsokov
Location: Istaravshan, Tajikistan
Activity: Farming

About the Loan

Loan Amount: $1,075.00
Loan Use: Purchasing of seeds, fertilizer, fuel, and lubricants
Repayment Term: 11 months - View details below
Lenders Repaid: Irregularly
Currency Exchange Loss: Covered
Date Listed: Mar 14, 2009
Date Disbursed: Mar 6, 2009
Date Funded:Mar 15, 2009

About the Country

Country:Tajikistan
Avg Annual Income:$1,388.00
Currency:Tajikistan Somoni (TJS)
Exchange Rate:3.7497 TJS = 1 USD



Sarimsokov Andokul has dedicated himself to working in agriculture. He grows onions, watermelons, and wheat on his land. His family is made up of his wife and his three children whom he provides with the education that they deserve. It is important to point out that this gentleman has succeeded in this business and has been able to improve the conditions of his business thanks to his sacrifices and great efforts.



IMON International has been an important factor in his business's growth as it has given Andokul three loans which he has used to purchase supplies for his crops. Today he needs a loan to provide technological assistance to his crops which is why he confidently waits the approval of this loan knowing that it will be of great use in this business and that his family will greatly benefit. Andokul and his family sincerely thank you!




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 Andokul Sarimsokov


Loan has been disbursed
 
Entrepreneur: Andokul Sarimsokov
Location: Istaravshan, Tajikistan

Thank you for your loan. It has been disbursed to Andokul Sarimsokov 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 Istaravshan, Tajikistan
Mar 16, 2009
Comments (1)

Kiva Help Repayment Schedule for Andokul Sarimsokov

  Expected Repayments Actual Repayments Comments
October 2009 $202.48 $202.48 Repayment Received
November 2009 $208.56 $208.56 Repayment Received
December 2009 $214.81 $214.81 Repayment Received
January 2010 $221.26 Available Jan 1  
February 2010 $227.89 Available Feb 1