Saiburkhon Saidov

Status: Paying Back

$3,000
Loan Request
Pre-Disbursed : Apr 14, 2009
Listed: Apr 24, 2009
Funded: Apr 26, 2009
63% repaid

About the Country

Country:Tajikistan
Avg Annual Income:$1,388
Currency:United States Dollars (USD)


About the Loan

Location: Shahrituz, Tajikistan   Repayment Term: 14 months
(more info)
Activity: Home Products Sales   Repayment Schedule: Monthly
Loan Use: To increase the range of goods for sale   Currency Exchange Loss: N/A
      Default Protection: Covered
Saidov Saiburkhon is 50 years old and married with three children.


Nine years ago, Saiburkhon decided to start his own business selling carpets. He began his own business with his hard-earned savings as he had always wanted to be an entrepreneur. He is familiar with this business and provides good customer service. He has many clients, and his business keeps growing.


In order to increase the range of his carpets, he now needs a loan of $3000 which he will use to purchase more inventory. He commits to repay this amount within 12 months. Be a part of this business and of Saiburkhon's family by supporting his growing business. They greatly appreciate it!



More about Tajikistan and IMON International

Tajikistan is known for its rich history, which includes a key post along the Silk Road and the end of Alexander the Great's rule. It has also produced great thinkers, philosophers, scientists and poets, including Rudaki, Avicenna, Ferdowsi, Omar Khayyam, Jomi, and Rumi. 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 B.C. 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 Saiburkhon Saidov


Loan has been disbursed
 
Entrepreneur: Saiburkhon Saidov
Location: Shahrituz, Tajikistan

Thank you for your loan. It has been disbursed to Saiburkhon Saidov by IMON International in Tajikistan. We are excited to watch this business grow. Over the 12 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
Apr 27, 2009
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Kiva Help Repayment Schedule for Saiburkhon Saidov

  Expected Repayments Actual Repayments Comments
July 2009 $215.42 $215.42 Repayment Received
August 2009 $221.16 $221.16 Repayment Received
September 2009 $227.06 $227.06 Repayment Received
October 2009 $233.12 $233.12 Repayment Received
November 2009 $239.33 $239.33 Repayment Received
December 2009 $245.72 $245.72 Repayment Received
January 2010 $252.27 $252.27 Repayment Received
February 2010 $259.00 $259.00 Repayment Received
March 2010 $265.90 Available Mar 1  
April 2010 $272.99 Available Apr 1  
May 2010 $280.27 Available May 1  
June 2010 $287.76 Available Jun 1