Fathullo Juraev


Status: Paying Back

$1,600.00   Loan Amount
64% repaid

About the Entrepreneur

Name: Fathullo Juraev
Location: Shahrituz, Tajikistan
Activity: Farming

About the Loan

Loan Amount: $1,600.00
Loan Use: Purchasing seeds and fertilizer
Repayment Term: 11 months - View details below
Lenders Repaid: Irregularly
Currency Exchange Loss: Covered
Date Listed: Mar 16, 2009
Date Disbursed: Mar 13, 2009
Date Funded:Mar 17, 2009

About the Country

Country:Tajikistan
Avg Annual Income:$1,388.00
Currency:Tajikistan Somoni (TJS)
Exchange Rate:3.7532 TJS = 1 USD



Juraev Fathullo is married and the father of three kids. He is a farmer, and since his marriage he has demonstrated that in spite of his youth he can support his family with hard work and dedication. Because of this, he is always in the fields, growing wheat and vegetables. Fathullo leaves early in the morning to water the fields, then fertilizes and fumigates the crops. This work is satisfying, and it enables him to purchase goods for his home.


Fathullo would like to request a loan of 6000 Somoni, which he can use to buy necessary farm inputs like seeds and fertilizers that are very expensive. He is very optimistic that this amount will improve his yield and he hopes to have a continuous partnership with the lenders. Fathullo always makes sure that he respects the people around him since he believes that respect begets respect.


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 Fathullo Juraev


Loan has been disbursed
 
Entrepreneur: Fathullo Juraev
Location: Shahrituz, Tajikistan

Thank you for your loan. It has been disbursed to Fathullo Juraev 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 Shahrituz, Tajikistan
Mar 18, 2009
Comment on this entry

Kiva Help Repayment Schedule for Fathullo Juraev

  Expected Repayments Actual Repayments Comments
September 2009 $247.36 $247.36 Repayment Received
October 2009 $254.78 $254.78 Repayment Received
November 2009 $262.42 $262.42 Repayment Received
December 2009 $270.29 $270.29 Repayment Received
January 2010 $278.40 Available Jan 1  
February 2010 $286.75 Available Feb 1