Mahmudjon Khalilov

Status: Paid Back

$1,000
Loan Request
Pre-Disbursed : Feb 3, 2009
Listed: Feb 11, 2009
Funded: Feb 16, 2009
$1,000
Paid Back
Ended: Jan 15, 2010

About the Country

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


About the Loan

Location: Isfara, Tajikistan   Repayment Term: 12 months
(more info)
Activity: Clothing Sales   Repayment Schedule: Monthly
Loan Use: Purchasing new clothing to sell   Currency Exchange Loss: N/A
      Default Protection: Covered
Mahmudjon is a very hard-working and responsible entrepreneur. He and his family live in Isfara, Tajikistan. He is married and has a daughter. Mahmudjon works in the central city market selling kids' shoes and clothing for teenagers. His business is characterized by stability and consistent growth. He has been working in the market for 6 years.



Once a month he travels to the neighboring city of Istaravshan to purchase new goods. Mahmudjon likes to work for himself. His business has been the main source of income for his whole family. Today Mahmudjon would like to ask for a loan of $1000 USD for the term of 10 months to purchase new clothing and shoes to sell. We believe Mahmudjon’s drive for success will help this young entrepreneur succeed and thrive in business. You can be an important part of the growth of Mahmudjon’s business.



More about Tajikistan and IMON International



Tajikistan is perhaps best known for its rich history, which includes a key post along the Silk Road; the end of Alexander the Great's rule; and its famous great thinkers, philosophers, scientists and poets as Rudaki, Ibn Sina (Avicenna), Firdousi, Omar Haiyam, Jomi, Mavlavi Rumi and many others. 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 Mahmudjon Khalilov


Loan has been disbursed
 
Entrepreneur: Mahmudjon Khalilov
Location: Isfara, Tajikistan

Thank you for your loan. It has been disbursed to Mahmudjon Khalilov by IMON International in Tajikistan. We are excited to watch this business grow. Over the 10 months of this loan, IMON International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Isfara, Tajikistan
Feb 17, 2009
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Kiva Help Repayment Schedule for Mahmudjon Khalilov

  Expected Repayments Actual Repayments Comments
May 2009 $87.91 $87.91 Repayment Received
June 2009 $90.40 $90.40 Repayment Received
July 2009 $92.96 $92.96 Repayment Received
August 2009 $95.59 $95.59 Repayment Received
September 2009 $98.30 $98.30 Repayment Received
October 2009 $101.09 $101.09 Repayment Received
November 2009 $103.95 $103.95 Repayment Received
December 2009 $106.90 $106.90 Repayment Received
January 2010 $109.92 $109.92 Repayment Received
February 2010 $112.98 $112.98 Repayment Received