This loan has been FULLY FUNDED by 36 lenders!

Salim Olimjonov
|

Status: Paid Back

$1,000
Loan Request
Pre-Disbursed : Feb 10, 2009
Listed: Feb 19, 2009
Funded: Feb 19, 2009
$1,000
Paid Back
Ended: Feb 15, 2010
Looking for a Fundraising Loan?

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About the Loan

Location: Istaravshan, Tajikistan   Repayment Term: 13 months
(more info)
Activity: Farming   Repayment Schedule: Irregularly
Loan Use: Purchasing seeds, fertilizer, fuel and lubricants   Currency Exchange Loss: N/A
      Default Protection: Covered
Salim Olimjonov is a 34-year-old businessman. He is married, and he and his wife have three children. All their children are studying at the local school. Salim is a farmer, like his wife. They started their work 10 years ago. The beginning was very difficult, because they needed to invest a lot of working capital. With much effort and the help of his wife, he was able to move forward and today has a large plot of land.



His vegetables are very good quality which he says is due to the constant irrigation they receive since the business has a complete underground irrigation system. They sell their products in the fruit and vegetable market of the city. Salim is requesting the loan for the purchase of fertilizer, seeds, fuel and lubricants. This will allow him to better provide for his family.



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 with 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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About the Country

Country:Tajikistan
Avg Annual Income:$1,388
Currency:United States Dollars (USD)
36 Lenders to this Entrepreneur

Bruce
Walnut Creek, CA
United States

Louann, Greg & Olivia
Syracuse, NY
United States

David
Quebec, Quebec
Canada

Lars
Melhus,
Norway

Jennifer
Kingston, MO
United States

Tyler
Madison, WI
United States

Hans
Tilburg,
Netherlands

Adam & Courtney
Bondi Junction, New South Wales
Australia

Eric
Redmond, WA
United States

Carl
Henderson, NV
United States

Linda & Tom
lafayette, CA
United States

Anonymous
Al-Shamal,
Qatar

Barry
Saskatoon, Saskatchewan
Canada

Tormod
Stavanger,
Norway

Dror
Albany, CA
United States

Anagha
New York, NY
United States

Anonymous
Las Vegas, NV
United States

Karl
Naples, FL
United States

Joseph
Mora, MN
United States

Evan
Louisville, KY
United States

Seeding a dream
Port Williams, Nova Scotia
Canada

nitin
raleigh, NC
United States

Toby
Miami Beach, FL
United States

Lynn & Susan
Little Rock, AR
United States

Christopher
Toronto, Ontario
Canada

Stewart
Grapevine, TX
United States

Jim
Newmarket, Ontario
Canada

Rob
Lethbridge, Alberta
Canada

Elizabeth
Carmel, IN
United States

Chris
Toronto, Ontario
Canada

Anonymous
Calgary, Alberta
Canada



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Journal entries for Salim Olimjonov


Subject: Loan has been disbursed
Location: Istaravshan, Tajikistan

Thank you for your loan. It has been disbursed to Salim Olimjonov by IMON International in Tajikistan. We are excited to watch this business grow. Over the 11 months of this loan, IMON International will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Istaravshan, Tajikistan
Feb 20, 2009
Comment on this entry

Kiva Help Repayment Schedule for Salim Olimjonov

  Expected Repayments Actual Repayments Comments
September 2009 $131.83 $131.83 Repayment Received
October 2009 $135.35 $135.35 Repayment Received
November 2009 $138.96 $138.96 Repayment Received
December 2009 $142.66 $142.66 Repayment Received
January 2010 $146.47 $146.47 Repayment Received
February 2010 $150.37 $150.37 Repayment Received
March 2010 $154.36 $154.36 Repayment Received