Ahmad Nazarov


Status: Paying Back

$675.00   Loan Amount
40% repaid

About the Entrepreneur

Name: Ahmad Nazarov
Location: Spitamen, Tajikistan
Activity: Farming

About the Loan

Loan Amount: $675.00
Loan Use: Purchasing seed and mineral fertilizer
Repayment Term: 13 months - View details below
Lenders Repaid: Irregularly
Currency Exchange Loss: Covered
Date Listed: Mar 22, 2009
Date Disbursed: Mar 12, 2009
Date Funded:Mar 22, 2009

About the Country

Country:Tajikistan
Avg Annual Income:$1,388.00
Currency:Tajikistan Somoni (TJS)
Exchange Rate:3.7808 TJS = 1 USD



Nazarov Ahmad is 51 years old and lives with his wife and two children. He has dedicated himself to farming wheat and vegetables for more than 10 years. He enjoys being a farmer and finds harvesting his crops especially gratifying. On the other hand, the most tedious part of farming is the preparation of land for planting and protecting the crop from insects that spoil his harvest.


Fortunately for Ahmad, wheat is in high demand in his area and fetches high prices at the market. This is his first loan from IMON International. He will use the money to buy seeds and fertilizer for his plots. Ahmad thanks all who are supporting him.


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 it’s 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


Subscribe

Lenders to this entrepreneur

Nils
Zürich,
Switzerland

Erin
Kodiak, AK
United States

Tammy & Ken
Dublin, CA
United States

Joe
San Francisco, CA
United States

Michael
R.D. 2 Henderson,
New Zealand

TurkLove
San Francisco, CA
United States

Mike

United States

Mary
West Columbia, SC
United States

Ellen
Spanish Fork, UT
United States

Gregory
Jamaica Plain, MA
United States

Martha
Westford, MA
United States

Fletcher
Los Gatos, CA
United States

Deborah
Dallas, TX
United States

Dahlia
Cairo,
Egypt

Andre
Kamloops, BC
Canada

Marcia
Alfred, NY
United States

Jeff
Castro Valley, CA
United States

Bradley Family
Eagle River, AK
United States

Steinar
OSLO,
Norway

Joan
Houston, TX
United States

keith
Newburyport, MA
United States

Anonymous
New Haven, CT
United States



Top Lending Teams for this entrepreneur


Team Heirloom-no
Common Interest
1 Member

Team STAR
Businesses
2 Members

Journal entries for Ahmad Nazarov


Loan has been disbursed
 
Entrepreneur: Ahmad Nazarov
Location: Spitamen, Tajikistan

Thank you for your loan. It has been disbursed to Ahmad Nazarov by IMON International in Tajikistan. We are excited to watch this business grow. Over the 11 months of this loan, IMON International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Spitamen, Tajikistan
Mar 23, 2009
Comment on this entry

Kiva Help Repayment Schedule for Ahmad Nazarov

  Expected Repayments Actual Repayments Comments
October 2009 $88.09 $88.09 Repayment Received
November 2009 $90.74 $90.74 Repayment Received
December 2009 $93.46 $93.46 Repayment Received
January 2010 $96.26 Available Jan 1  
February 2010 $99.15 Available Feb 1  
March 2010 $102.12 Available Mar 1  
April 2010 $105.18 Available Apr 1