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Akram
M. Akram is 27 years old and married. He is an expert in computer services and has run his own business for the last two years providing services such as internet, printing, scanning, lamination and so on. Akram tries to use up-to-date technologies in his work in order to satisfy his customer's demands and requirements. For example, he is now planning to purchase a new modern computer to improve the quality of his work and to expand the business. For this purpose Akram is requesting a loan of $2500 USD for the term of 12 months. This is Akram's first loan; he thanks Kiva lenders for their support and promises to pay the loan on time.


More about Tajikistan

Tajikistan, a key post on the Silk Road, is perhaps best known for its rich history. It was the location for the end of Alexander the Great's rule, and is known for its great thinkers, philosophers, scientists and poets such as Rudaki, Ibn Sina (Avicenna), Firdousi, Omar Haiyam, Jomi, Mavlavi Rumi and many others. The country, with its epic mountain passes, is home to communities that still speak the ancient Sogdian language and a civilization that dates back to the fourth millennium BC. Even today, it is a complex mix of the Islamic faith, Soviet culture, New West culture and Central Asian traditions.


However, Tajikistan is also the poorest of the former Soviet republics. The civil war, which ignited soon after its independence from the USSR, damaged the already weak economy. In addition, 93 per cent of the country is mountainous and only 7 per cent of the land is arable. These conditions have resulted in high levels of unemployment and have forced hundreds of thousands of people 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.


More about IMON International

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
  • 202
    View loans »
    Tajikistan Loans Fundraising
  • $28,310,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,500 helped Akram to purchase a new modern computer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 15, 2009
Listed
May 19, 2009
Currency Exchange Loss:
N/A
Ended:
Jun 16, 2010