Check out some available loans that are similar to this one!
Lola
M. Lola is a 46-year-old mother who does sewing work in a tailoring shop to earn money for her children. She started because she loves this trade. Lola is doing her best to ensure that her children will have a good education and the best future. She hopes that her children can continue with their education. That is the reason that she needs to continue growing her business. She asks for a 2,000 somoni (TJS) loan that will be invested in buying a new sewing machine to increase her production and cover customers' demands. Help this family improve the quality of their life by contributing to the growth of Lola’s business. They will sincerely thank you for it.


More about Tajikistan and IMON International


Tajikistan is perhaps best known for its rich history and diverse culture, which is a complex mixture of the Islamic faith, Soviet influence, New West culture, and Central Asian traditions. It served as a key post along the Silk Road and marked the end of Alexander the Great's extensive rule. It was the birthplace of the great Persian poet Rudaki and famous Islamic philosopher Ibn Sina. And it 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.


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.


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
  • 169
    View loans »
    Tajikistan Loans Fundraising
  • $28,218,275
    Funds lent in using Kiva
  • 4.4
    Tajikistan Somoni (TJS) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Lola to purchase new, modern fabrics for sewing national dress.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 9, 2009
Listed
Oct 20, 2009
Currency Exchange Loss:
Covered
Ended:
Oct 16, 2010