Pardali Normurodov

Status: Paid Back

$900
Loan Request
Disbursed : Aug 14, 2008
Listed: Jul 28, 2008
Funded: Jul 31, 2008
$900
Paid Back
Ended: Jun 15, 2009

About the Country

Country:Tajikistan
Avg Annual Income:$1,388
Currency:Tajikistan Somoni (TJS)
Exchange Rate:3.4282 TJS = 1 USD


About the Loan

Location: Shahrituz, Tajikistan   Repayment Term: 11 months
(more info)
Activity: Farming   Repayment Schedule: Monthly
Loan Use: To capitalize on the sowing season by purchasing seeds and fertilizer and to expand his cattle-raising/selling business by purchasing cattle.   Currency Exchange Loss: Covered
      Default Protection: Covered
Pardali Normurodov is 39 years old. He is married, and he has 4 children. His wife is a housekeeper. Thus, Pardali’s business is the main source of income for his family. Pardali works hard in order to make his children happy and to provide them with a good education. In his business, he grows and sells crops such as tomatoes, onions, potatoes, cucumbers, and carrots. In fact, he has worked in the agricultural industry for ten years, and over that time span he has gained a great deal of experience and a love for the land. At the same time, Pardali raises small cattle to later sell the animals in the market.


As it is now the beginning of the sowing season, Pardali is planning to sow onions, potatoes, and carrots. Therefore, he is seeking a loan in the amount of 3,000 Somoni ($900 USD) over a 9-month term to buy mineral fertilizers and seeds. In addition, a portion of the loan proceeds will be used to purchase small cattle. Pardali is counting on your help, and he expresses his deepest gratitude to everyone for their support.


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Journal entries for Pardali Normurodov


Loan has been disbursed
 
Entrepreneur: Pardali Normurodov
Location: Shahrituz, Tajikistan

Thank you for your loan. It has been disbursed to Pardali Normurodov by International MicroLoan Fund (IMON), a partner of Mercy Corps in Tajikistan. We are excited to watch this business grow. Over the next 9 months, International MicroLoan Fund (IMON), a partner of Mercy Corps will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Jahongir Abdulloev from Shahrituz, Tajikistan
Jul 31, 2008
Comment on this entry

Loan has been repaid successfully
 
Entrepreneur: Pardali Normurodov
Location: Shahrituz, Tajikistan

Normurodov Pardali has successfully repaid his 9-month loan in the size of 3000 Somoni ($900 US Dollars). Pardali has applied for the loan in order to purchase the seeds, fertilizer and the fuel to improve her farming business. Now he is happy to inform that thank to the loan he was able to purchase grow different kinds of vegetables that had been already sold and the significant incomes had been generated and allowed Pardali repaying his loan timely and in full volume. Pardali expresses his gratitude to everyone who supported him thus allowing him to develop his business.


Posted by Jahongir Abdulloev from Shahrituz, Tajikistan
Jul 1, 2009
Comments (1)

Kiva Help Repayment Schedule for Pardali Normurodov

  Expected Repayments Actual Repayments Comments
October 2008 $0.00 $100.00  
November 2008 $100.00 $100.00 Repayment Received
December 2008 $100.00 $0.00 Repayment Received
January 2009 $100.00 $100.00 Repayment Received
February 2009 $100.00 $100.00 Repayment Received
March 2009 $100.00 $100.00 Repayment Received
April 2009 $100.00 $100.00 Repayment Received
May 2009 $100.00 $100.00 Repayment Received
June 2009 $100.00 $99.99 Repayment Received
July 2009 $100.00 $100.01 Repayment Received