Zulfuzar Boltaeva


Status: Paid Back

$1,325.00   Loan Request
$1,325.00   Paid Back

About the Entrepreneur

Name: Zulfuzar Boltaeva
Location: Tursunzade, Tajikistan
Activity: Food Market

About the Loan

Loan Amount: $1,325.00
Loan Use: Purchasing confectionery to enlarge her range of goods
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 27, 2009
Date Disbursed: Mar 19, 2009
Date Funded:Mar 27, 2009
Loan Ended:Oct 15, 2009

About the Country

Country:Tajikistan
Avg Annual Income:$1,388.00
Currency:Tajikistan Somoni (TJS)
Exchange Rate:3.8139 TJS = 1 USD



Boltaeva Zulfuzar is 36 years old. She is married with 4 children. She started her own business 13 years ago because her husband at that time was unemployed. Currently her husband is earning money in Russia.

Zulfuzar sells confectionery such as candies, cookies and pastries in the local market. The generated income allows Zulfuzar to support her family. Zulfuzar dreams of educating all of her children through higher education. Today she is requesting 5000 Somoni for a term of 6 months. She is going to spend the loan for purchasing confectionery to enlarge her range of goods. She is planning to spend the extra income for the well-being of her family as well as for educating her children.


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 Zulfuzar Boltaeva


Loan has been disbursed
 
Entrepreneur: Zulfuzar Boltaeva
Location: Tursunzade, Tajikistan

Thank you for your loan. It has been disbursed to Zulfuzar Boltaeva by IMON International in Tajikistan. We are excited to watch this business grow. Over the 5 months of this loan, IMON International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Tursunzade, Tajikistan
Mar 28, 2009
Comment on this entry

The loan has been successfully repaid.
 
Entrepreneur: Zulfuzar Boltaeva
Location: Tursunzade, Tajikistan

Boltaeva Zulfuzar is engaged in the commercial service and trade of candies and sweets. She applied to IMON for the financial support and thanks to the KIVA she could take the business development loan. Zulfuzar improved the business terms significantly and realized the loan purpose that permits her to increase the business turnover and to plan the further actions on business development. Zulfuzar executed the loan repayment terms without any delays. She thanks KIVA and all lenders for their support and generosity.


Posted by Jahongir Abdulloev from Tursunzade, Tajikistan
Oct 28, 2009
Comment on this entry

Kiva Help Repayment Schedule for Zulfuzar Boltaeva

  Expected Repayments Actual Repayments Comments
June 2009 $204.84 $204.84 Repayment Received
July 2009 $210.99 $210.99 Repayment Received
August 2009 $217.32 $217.32 Repayment Received
September 2009 $223.84 $223.84 Repayment Received
October 2009 $230.55 $230.55 Repayment Received
November 2009 $237.46 $237.46 Repayment Received