Dugarsuren Naranbaatar is 26 years old and lives with his parents in Uvurkhangai province in central Mongolia. He currently operates a wooden products and furniture production business in his town. He produces materials and wooden furniture used in gers, traditional Mongolian nomadic tent homes. He designs and produces the furniture himself and has one assistant that helps him. He owns a shipping container at the local market where his mother works to sell his products. Naranbaatar started his ger material and furniture production business in 2004 with the support of his father. His father, an experienced craftsman, taught him all the techniques and skills needed to make wooden products. However, after suffering a stroke, his father had to give up the trade and currently doesn’t work. When he started, they produced furniture based on customer orders, but now take orders and produce furniture for sale at the shipping container. For the future, Naranbaatar hopes to continue to grow and expand his business. He says, “With the growth of my business, I hope to take care of my parents as long as I can.”. He is requesting a 3,000,000 tugrug (~2100 USD) loan to purchase wood and supplies for his ger and wooden furniture business.
All info courtesy of kiva.org
http://www.kiva.org/app.php?page=businesses&action=about&id=138671
Sep 22, 09:32AM PDT | 1 cheer | 0 comments
My second loan to an entrepreneur in Africa and my seventh loan overall!
Adélia is 46 years old and was born in the district of Massinga in the Province of Inhambane. She went to school until the fourth grade. She is married with 4 children, three of which are adults, and the youngest is 10 years old. She came to live in Boane in 1982 after she was married.
She sells female clothing for juniors and adults as well as bedding that she imports from South Africa. She travels 4 times per month to the neighboring country, and each time she purchases merchandise for around 10,000MT. Her daily sales vary between 1,500MT and 2,000MT, and she earns around 5,000MT each month. Her husband is salaried and earns 4,500MT monthly.
With a loan of 10,000MT she intends to strengthen her purchasing power and reduce the number of trips to South Africa. In the future she would like to construct a small commercial establishment to diversify her types of activities rather than depend on a sole source.
Jun 20, 04:55AM PDT | 1 cheer | 0 comments
Berdimurod Tilloboev has always been a hard-working man, who has made sure, from his young age, that his family never goes without their daily bread. He is married and has two children. Berdimurod has a general store where he sells different kinds of foodstuffs, etc.. With a starting capital of 500 USD, thanks to perseverance and dedication, he began this enterprise 8 years ago.
Over time, he expanded his business and today this has become a family business and his daughter and son are also engaged in this business. Today he needs to buy additional foodstuffs to increase the range of his goods. With this purpose in mind, he is requesting a loan of 800 USD for a term of 9 months. He is ready to work even harder, make sacrifices and push every once in a while to achieve his goal and become a successful entrepreneur. We believe his perseverance and clear vision will become key success factors in his small business.
All info courtesy of Kiva.org
http://www.kiva.org/app.php?page=businesses&action=about&id=89627
Feb 17, 11:33AM PST | 0 comments
Mrs. Leap Pich is a 58-year-old widow living in Sarikakeo Commune in Kandal Province. She has five children; one is married, one daughter is employed as a garment worker in Phnom Penh City, and another daughter sells fish from village to village to earn extra income to help meet her family’s expenses. Leap is a rice farmer who has been farming since 1975. She is applying for $600 to purchase two oxen to help plow her farm land. Leap is pictured with her family.
Dec 23, 2008, 11:56AM PST | 0 comments
Samuel Mante is 34years old. He is married and has a child who is currently in school. “Sammy,” as he is well-known, is a dealer in used television. The sale of used television is popular because brand new ones are expensive for many people. He also provides repairs and other services for his customers. He buys his televisions from importers at wholesale prices and sells to his customers at retail prices. He is seeking a loan to enable him to procure an expanded stock of used television to better serve his customers’ needs. He hopes to save enough to expand his shop to include the sale of refrigerators and parts. He belongs to the community group called Peace Trust Group. In this group, members provide each other as social collateral to repay the loan.
Sep 12, 2008, 06:27PM PDT | 0 comments
Celinda is an entrepreneurial woman who is counting on her development in her homeland, Colpar. She is 24 years old and is dedicated to raising pigs, which after some time, she will sell alive or sell parts according to the occasion that presents itself. She has been involved in this work since she was young and now surrounds herself with all sorts of agricultural work, which she learned from her mother. Her daily life involves caring for her pigs and feeding them three times a day. She keeps them in a separate place that was adapted as her farm. Celinda is mother to a small, three year old girl who is her whole driving force and reason for living. In order to support her daughter, she works day after day. Her goal is to have a cattle stable and she is working hard for this. At this time, she is requesting a loan which will be invested in the purchase of more animals and, in this manner, increase her earnings.
Aug 13, 2008, 08:43PM PDT | 1 cheer | 0 comments
I funded my second loan this past February to a nice Takijistani man.
Khochiboev Ahmadjon is 32 years old, married, and has a child. His wife works as an oculist. Since he was 18, Ahmadjon has been selling foodstuffs like tea, food for infants, soft drinks and sweets from a stand in one of the local markets. The business is rather stable and generates the main income for the family. Also Ahmadjon’s mother helps her son in the sales business. Currently, Ahmadjon needs a loan of US$1,000 for a 6-month term. He is going to spend the loan to purchase a variety of foodstuffs for sale. Ahmadjon has taken out several loans from IMON in the past, and managed to successfully pay them back. He is thankful to everyone for support and promises to repay the current loan in time.
May 10, 2008, 03:02PM PDT | 2 cheers | 0 comments
I made my first loan today!
Señora Maria Porfiria is 60 years old and is separated. She has four children already married and working in various jobs. They have given her grandchildren, who are her source of happiness.
Doña Porfiria has had a sales position at the market in her city for 20 years. She is dedicated to selling medicinal products, creams, essences, and natural herbs. She began doing this 22 years ago by offering these products from house to house, but thanks to her efforts she now has a spot at the market.
She is requesting a loan to buy merchandise in bulk so she can divide it and offer it to travelling sellers. In this way she will grow her economy, and as she says, take care of herself, without bothering her children since she did not have the possibility of saving for a secure retirement.
I can’t wait to make another loan!
Sep 04, 2007, 09:18AM PDT | 1 cheer | 0 comments