All this has made Bobogoib’s business quite successful and has provided a stable income for his family. He is currently requesting a loan of $600 USD to buy more supplies so as to continue to offer a good assortment of products to his customers. Bobogoib would like to express his gratitude to everyone supporting him.
More about Tajikistan:
Tajikistan is known for its rich history, which includes a key post along the Silk Road and the northeastern boundary of Alexander the Great's empire. It has also produced great thinkers, philosophers, scientists and poets, including Rudaki, Avicenna, Ferdowsi, Omar Khayyam, Jomi, and Rumi. The country is home to epic mountain passes, communities that still speak the ancient Sogdian language and a civilization that dates back to the 4th millennium BC. Even today, it is a complex mixture of the Islamic faith, Soviet and Western cultures and Central Asian traditions.
But Tajikistan is also the poorest of the former Soviet republics. A civil war, which ignited soon after its 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 Tajikistan is working to improve its agricultural productivity and manufacturing sector, nearly two-thirds of the population still live in abject poverty.
Since December 2007, IMON International has worked closely with Kiva and Kiva lenders to ensure that poor and low-income clients have access to reasonable financial services. Funds raised through Kiva have already been, and will continue to be, distributed to thousands of IMON International's clients. To learn more about IMON International's work, please visit: www.imon.tj
About IMON InternationalIMON 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.
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