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Sherali
B. Sherali is 27 years old, married and has two children. He is a hardworking man struggling to feed his children and his parents who also live with him.


Sherali makes a living by selling the fabrics to make national dresses, and he has a trading place in the central local market of Istaravshan city. Sherali is trying to offer a wide range of goods in order to meet his customers' requirements and to satisfy the needs of customers with different levels of income. Being a devoted father, Sherali is doing his best in order for his children to be well educated and happy.


Today, Sherali feels that with more working capital his business could generate more income. He is asking for a loan of $1000 USD to jumpstart the business and raise his family's standard of living. Let's help this incredible father give his children a brighter future.


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
  • 236
    View loans »
    Tajikistan Loans Fundraising
  • $27,753,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Sherali to purchase new fabrics to increase his range of goods.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 12, 2009
Listed
Nov 3, 2009
Currency Exchange Loss:
N/A
Ended:
May 16, 2010