She started her own business 5 years ago because her husband was unemployed at the time. Muhabat sells confections like candies, cookies and pastries in the local market. The income she generates allows Muhabat to support her family. Muhabat dreams of educating all of her children through higher education.
Today, she is requesting 6000 TJS to purchase goods to increase her range of products. She plans to spend the income she generates on the well being of her family as well as her children's education.
More about Tajikistan and IMON International:
Tajikistan is known for its rich history. It was once a key post along the Silk Road at 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.
However, 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 have a viable business opportunity. 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 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.
163View loans »
Success!! The loan was 100% repaid