Rano Usmonova


Status: Paying Back

$550.00   Loan Amount
75% repaid

About the Entrepreneur

Name: Rano Usmonova
Location: Khujand, Tajikistan
Activity: Food Production/Sales

About the Loan

Loan Amount: $550.00
Loan Use: Business development
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 18, 2009
Date Disbursed: Mar 16, 2009
Date Funded:Mar 19, 2009

About the Country

Country:Tajikistan
Avg Annual Income:$1,388.00
Currency:Tajikistan Somoni (TJS)
Exchange Rate:3.7593 TJS = 1 USD



Usmonova Rano sells eggs in the local bazaar. Since she has hard competition, she has had to lower the existing price but she also sells in large-scale quantities. Rano first applied to MicroInvest in 2004, when she decided to open the egg-selling business. Today she knows the nuances of and is skilled in the business. She works directly with the supplier so every time she has fresh and good eggs. Rano has repeat customers and she is a very communicative woman.


Rano applies to Kiva for the business-development loan of 2000 STJ for eight months to expand her business. She thanks Kiva for its support.


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Journal entries for Rano Usmonova


Loan has been disbursed
 
Entrepreneur: Rano Usmonova
Location: Khujand, Tajikistan

Thank you for your loan. It has been disbursed to Rano Usmonova by MLF MicroInvest, a partner of ACDI/VOCA in Tajikistan. We are excited to watch this business grow. Over the 8 months of this loan, MLF MicroInvest, a partner of ACDI/VOCA will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Khujand, Tajikistan
Mar 20, 2009
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Kiva Help Repayment Schedule for Rano Usmonova

  Expected Repayments Actual Repayments Comments
June 2009 $68.75 $68.74 Repayment Received
July 2009 $68.75 $68.75 Repayment Received
August 2009 $68.75 $68.75 Repayment Received
September 2009 $68.75 $68.76 Repayment Received
October 2009 $68.75 $68.75 Repayment Received
November 2009 $68.75 $68.75 Repayment Received
December 2009 $68.75 Available Dec 1  
January 2010 $68.75 Available Jan 1