Istatkhon Hoshimova

Hoshimova Istatkhon is 29 years old. She has a son with her husband. Istatkhon has been running her own business for more than four years. She has a small saloon where she sells and rents traditional and national wedding dresses. Traditionally families in Tajikistan are large and consequently there are many marriages so Istatkhon has a lot of clients. The stability of her business allows her to make a considerable contribution to the family income. This is Istatkhon's second loan with IMON International and during the previous loan cycle she was accurate and precise in the loan payments. Istatkhon is requesting $ 1300 USD in order to purchase more wedding dresses.


Tajikistan and IMON International:


Tajikistan is known for its rich history which includes a key post along the Silk Road and the end of Alexander the Great's rule. It has also produced great thinkers, philosophers, scientists and poets including Rudaki, Avicenna, Ferdowsi, Omar Khayyam, Jomi, and Rumi. Tajikistan 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. Even today, it is a complex mixture of the Islamic faith, Soviet culture, New West culture and Central Asian traditions.


Tajikistan is also the poorest of the former Soviet republics. The civil war, which ignited soon after 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 agricultural production and the 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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