Here is a summary of The Road's 14th social project:
A micro-financing loan to Kumri Mirzaeva in Tajikistan.
Mirzaeva Kumri is 53, married and the loving mother of four children. Kumri owns a successful clothing and shoe sales business located at the Sakhovat market in Dushanbe, Tajikistan.
She has been doing this business for about 13 years. Her business has benefitted from a good sales location and constant demand for her products. Kumri tries to offer good prices to her customers while still making a profit. A normal monthly income from her business is around 1500 Somoni (+- US$350).
Kumri has requested a loan to increase her product inventory and stock. This is a busy time for many market vendors as the cold season is coming and everyone is preparing for winter season. By purchasing more stocks, Kumri will be better prepared to meet increased demand and earn a good income.
We believe her perseverance and natural liveliness will help her continue to succeed in her trade and repay this loan on time. (See also her profile on Kiva)
This loan goes through "Imon", the local micro financing partner of Kiva.
Loan Request: $750
Repayment terms: 9 months (Deadline Sept 15 2009)
We gave her a loan of US$50
This is The Road's 14th social project. The funds for this loan were donated by the VK0IR Heard Island expedition team.
More on The Road's social project "Change Starts Here".
You can keep track of our project via our score card.