S. Shakarmo is a very hardworking and independent woman. She has three kids, two of whom she still supports and who are in elementary and high school, respectively. In search of a way to support her household, she started selling groceries 17 years ago. A true entrepreneur, she studies the market to determine client needs and preferences. Industrious and enterprising, Shakarmo is focused on expanding her business. At the same time with the help of her children Shakarmo raises cattle. In order to grow her business, Shakarmo is requesting a loan of 6400 Somoni ($1475 USD), which she will use to purchase foodstuff to be able to offer a wider selection to her customers and increase her income. With the part of the loan she will also buy young cattle. With the increased sales and profits, Shakarmo hopes to expand her grocery and improve the living standards of her family. The well being of Shakarmo’s family and her business are in your hands. Shakarmo and her children are sincerely grateful for your support.
More about 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. 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 BC. 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 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 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.
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
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.