Gulomdjon Barotov

Status: Paying Back

$1,500
Loan Request
Pre-Disbursed : Oct 14, 2009
Listed: Nov 4, 2009
Funded: Dec 3, 2009
14% repaid

About the Country

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


About the Loan

Location: Isfara, Tajikistan   Repayment Term: 14 months
(more info)
Activity: Taxi   Repayment Schedule: Monthly
Loan Use: To purchase spare parts for repairing his car   Currency Exchange Loss: N/A
      Default Protection: Covered
Barotov Gulomdjon is 52 years old and is married with three children. Thanks to the efforts of Gulomdjon, all of his children are married with their own families.

Gulomdjon provides taxi services using his car. He has been in this business for the last two years and has gained a rich experience in driving. He has always tried to provide high quality services and, at the same time, charge prices that are attractive to his customers.

Gulomdjon is doing his best to make his business stable and profitable as he is the main bread-winner of his large family. He is ready to work from early morning till late at night in order to keep his customers and obtain new ones.

Currently, Gulomdjon needs to repair some parts of his car and for this reason he requests 1,500 US Dollars. He thanks everyone supporting him and promises to repay the loan in a timely manner. The well-being of this family is in your hands.


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 Gulomdjon Barotov


Loan to Gulomdjon Barotov in Tajikistan has been 100% funded
 
Entrepreneur: Gulomdjon Barotov
Location: Isfara, Tajikistan

Thanks to you and 47 other Kiva Lenders, the 1500.00 loan requested by Gulomdjon Barotov in Tajikistan has been 100% funded. The loan will be used for the purpose of: To purchase spare parts for repairing his car.

Over the months of this loan, Kiva’s Field Partner in Tajikistan, IMON International, will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Isfara, Tajikistan
Dec 3, 2009
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Kiva Help Repayment Schedule for Gulomdjon Barotov

  Expected Repayments Actual Repayments Comments
February 2010 $222.08 $222.08 Repayment Received
March 2010 $114.94 Available Mar 1  
April 2010 $117.62 Available Apr 1  
May 2010 $120.37 Available May 1  
June 2010 $123.18 Available Jun 1  
July 2010 $126.05 Available Jul 1  
August 2010 $128.99 Available Aug 1  
September 2010 $132.00 Available Sep 1  
October 2010 $135.08 Available Oct 1  
November 2010 $138.23 Available Nov 1  
December 2010 $141.46 Available Dec 1