Mukkaram Ziyoeva

Status: Paying Back

$1,375
Loan Request
Pre-Disbursed : Jul 8, 2009
Listed: Jul 13, 2009
Funded: Jul 26, 2009
58% repaid

About the Country

Country:Tajikistan
Avg Annual Income:$1,388
Currency:Tajikistan Somoni (TJS)
Exchange Rate:4.3905 TJS = 1 USD


About the Loan

Location: Dushanbe, Tajikistan   Repayment Term: 10 months
(more info)
Activity: Cloth & Dressmaking Supplies   Repayment Schedule: Monthly
Loan Use: Purchasing new fabrics for resale   Currency Exchange Loss: Covered
      Default Protection: Covered
Ziyoeva Mukkaram is 42 years old. She is married and the loving mother of two children. She is a hard-working woman struggling to feed her children by selling the traditional fabrics for making traditional dresses.



Mukkaram has a trading place in the central local market of Dushanbe, Tajikistan. She is trying to have wide range of goods so as to able to meet the requirements of her customers and to satisfy the needs of the customers with different levels of income.



Mukkaram, being a devoted mother, is doing her very best in order for her children to be well-educated and happy. Today Mukkaram feels that with more working capital, her business could generate more income, so she is asking for a loan of 6000 Somoni to jump-start the business and raise the family's standard of living. Let's help this incredible mother give her children a brighter future.



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 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 Mukkaram Ziyoeva


Loan has been disbursed
 
Entrepreneur: Mukkaram Ziyoeva
Location: Dushanbe, Tajikistan

Thank you for your loan. It has been disbursed to Mukkaram Ziyoeva by IMON International in Tajikistan. We are excited to watch this business grow. Over the 8 months of this loan, IMON International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Dushanbe, Tajikistan
Jul 27, 2009
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Kiva Help Repayment Schedule for Mukkaram Ziyoeva

  Expected Repayments Actual Repayments Comments
October 2009 $149.23 $149.23 Repayment Received
November 2009 $155.20 $155.20 Repayment Received
December 2009 $161.40 $161.40 Repayment Received
January 2010 $167.86 $167.86 Repayment Received
February 2010 $174.57 $174.57 Repayment Received
March 2010 $181.56 Available Mar 1  
April 2010 $188.82 Available Apr 1  
May 2010 $196.36 Available May 1