Mehriniso Sadieva

Status: Paid Back

$450
Loan Request
Disbursed : Nov 13, 2008
Listed: Oct 30, 2008
Funded: Oct 30, 2008
$450
Paid Back
Ended: Jun 15, 2009

About the Country

Country:Tajikistan
Avg Annual Income:$1,388
Currency:Tajikistan Somoni (TJS)
Exchange Rate:3.4026 TJS = 1 USD


About the Loan

Location: Gissar, Tajikistan   Repayment Term: 8 months
(more info)
Activity: Fish Selling   Repayment Schedule: Monthly
Loan Use: To buy fish   Currency Exchange Loss: Covered
      Default Protection: Covered
Mehriniso Sadieva was born in 1973, she is married and has two children. She started her own business selling fruits and vegetables. She has fifteen years experience in this business. She sells on the Dehkonbozor market of the Gissar region things such as fruits, vegetables, and fried or raw fish when it's the season. Merhiniso has many regular customers who often buy her fish in wholesale for eateries and beer pubs. Merhiniso wants to increase her goods circulation and make more profits. She buys the goods from fisherman and suppliers from Hudjand. She wants to get a loan with the help of Kiva for 1500 somoni (USD$450) to buy fish.

Translated from Russian by Elena Fedorchuk, Kiva Volunteer


Садиева Мехринисо, 1973 года рождения, замужем и у них 2 детей. Начала свой бизнес с продажи фруктов и овощей. У нее 15 лет опыта в этой деятельности. Она торгует на рынке «Дехконбозор» Гисарского района фруктами, овощами, а в сезон продает рыбу, жаренную и сырую. У Мехринисо много постоянных клиентов, часто ее рыбу закупают оптом в столовые и пивные бары. Хосият хочет увеличить товарооборот и получить больше доходов. Покупает товар у дехкан, рыбаков и поставщиков из Худжанда.
Хосият хочет получить с помощью программы Кива займ в сумме 1500 сомони чтоб закупить рыбы.

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Journal entries for Mehriniso Sadieva


Loan has been disbursed
 
Entrepreneur: Mehriniso Sadieva
Location: Gissar, Tajikistan

Thank you for your loan. It has been disbursed to Mehriniso Sadieva by MLF MicroInvest, a partner of ACDI/VOCA in Tajikistan. We are excited to watch this business grow. Over the next 6 months, MLF MicroInvest, a partner of ACDI/VOCA will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Gissar, Tajikistan
Nov 14, 2008
Comment on this entry

Journal Update
 
Entrepreneur: Mehriniso Sadieva
Location: Gissar, Tajikistan

Thank you for supporting an entrepreneur in Tajikistan.

I'm excited to be writing you as the Kiva Fellow in northern Tajikistan. For the last few months, I have been working with Kiva's Field Partner, MLF MicroInvest visiting many Kiva entrepreneurs.

As you may know, all entrepreneur profiles on Kiva's website are posted by local Field Partners (microfinance institutions) like MicroInvest, which are organizations which lend to those without easy access to credit for purposes of sustaining or growing their businesses. In my time here I have had the opportunity to get to know MicroInvest's staff and its clients. Its ultimate mission is to enable its borrowers to achieve self-sufficiency through the development of their businesses.

But from what I have seen in my time here, MicroInvest's work isn't just about issuing loans. They also create a long-lasting, collaborative relationship with each client to address their financial needs and improve the household's standard of living.

One such relationship is with Oishahon who sells vegetables and herbs in the Isfara market. I met with her recently and she talked at length about her business. For the season she is stocking garlic, fennel, various teas, and hot peppers. The winter is a fairly slow time for green grocers and most of her business comes during the spring months.

We spent some time talking about her past career as a teacher of Tajik literature. She, like many others here, spoke fondly of Rudaki who was a poet in ancient Persia some 1,000 years ago. She also discussed her past career as a teacher of Tajik literature. She abandoned her teaching career back in 1991 when Tajikistan became independent from the USSR and salaries fell significantly. There are many other former teachers, doctors or factory workers here who have moved on to a business of their own as a means of sustaining themselves.

With customers hovering around her stand, I excused myself so she could conduct her business. She expressed her thanks to Kiva lenders and says her loan has allowed her to sustain her business through the lean winter months.

With over $1.3 million in loans to Kiva clients, MicroInvest serves many others like Oishahon throughout the country. From Kiva, MicroInvest and its borrowers, we thank you for supporting our work. To see support additional borrowers, please check:

http://www.kiva.org/app.php?page=businesses&partner_id=101&status=fundRaising&sortBy=New+to+Old&_te=mj


Posted by Jenny Boyd from Gissar, Tajikistan
Feb 5, 2009
Comments (62)

Kiva Help Repayment Schedule for Mehriniso Sadieva

  Expected Repayments Actual Repayments Comments
February 2009 $75.00 $75.00 Repayment Received
March 2009 $75.00 $75.00 Repayment Received
April 2009 $75.00 $75.00 Repayment Received
May 2009 $75.00 $75.00 Repayment Received
June 2009 $75.00 $75.00 Repayment Received
July 2009 $75.00 $75.00 Repayment Received