Kiva Loan Number 8

Botir Kurbonov from Tajikistan has fully repaid a Kiva loan

Location: J.rasulov, Tajikistan

Repayment Term: 5 months (more info)

Activity: Retail   Repayment Schedule: Monthly

Loan Use: Purchase of light bulbs

Currency Exchange Loss: Covered       Default Protection: Covered

Born in 1971, Botir Kurbonov is married and has 2 children. After he lost his job and returned from the Russian Federation, Botir decided to start a small business. He leased a small store at an agricultural market in the Jabbor-Rasulov district and started selling merchandise. Together with his wife, Botir has been increasing his goods turnover for over 7 years. They plan to save enough money to open their own store in the district center. Besides our organization, their parents help Botir and his wife with their business-plan realization. Translated from Russian by Anna Sorokina-Hailey, Kiva Volunteer

Курбонов Ботир – мужчина 1977 года рождения, женат, имеет 2 детей. После того, как он остался без работы и вернулся из Российской Федерации, он решил заняться мелким бизнесом. Взяв в аренду маленький магазинчик на территории колхозного рынка Джаббор-Расуловского района, он занялся торговлей мелкими товарами. Вот уже более 7 лет они вместе с женой расширяют свой товарооборот. Накопив немного денег они собираются собственный магазин в центре района. Кроме нашей организации, в осуществлении бизнес-планов им помогают их родители.

(click to continue reading Kiva – Botir Kurbonov from Tajikistan has fully repaid a Kiva loan.)

Country: Tajikistan
Avg Annual Income: $1,388
Currency: Tajikistan Somoni (TJS)
Exchange Rate: 4.4001 TJS = 1 USD

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