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Vali
J. Vali is 74 years old. He’s married and has six children and several wonderful grandchildren. Vali is a farmer. He grows various crops like potatoes, carrots and wheat. His youngest son helps him with the business. Having been working on that business for more than 20 years, Vali has gained rich experience. Though he’s at retirement age, he’s not going to stop with the business as he is a diligent man and he can’t imagine his life without work.


Now Vali requests $1000 US Dollars for purchasing the input materials like seed and mineral fertilizer for growing his crops. After gathering his harvest he wants to sell them to the local inhabitants at lower prices than in the market. Vali promises to be accurate with repaying the loan and thanks everyone for support.



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 for it’s famous great thinkers, philosophers, scientists and poets such 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 B.C. 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 Tajikistan’s 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

Additional Information

About IMON International

IMON International (IMON) is a micro-deposit organization in Tajikistan that provides entrepreneurs with access to high quality financial products and services, including business loans, agriculture loans, consumer loans and micro-leases. Aiming to alleviate poverty, the organization helps unbanked individuals establish businesses in different sectors, including manufacturing, agriculture and service. Kiva lenders’ funds will help the organization to expand its outreach to even more entrepreneurs, farmers and traders in Tajikistan.

About Tajikistan

  • $1,388
    Average annual income
  • 194
    View loans »
    Tajikistan Loans Fundraising
  • $28,289,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Vali to purchase seed and mineral fertilizer for his farm.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Apr 8, 2009
Listed
Apr 10, 2009
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2010