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Bekzot
Bekzot has been farming since he was a young boy, and he now specializes in the cultivation of wheat and potatoes. He has 5 years of experience in this particular specialty, and he has been able to support himself by learning how to take care of and manage his crops during the short growing season. Bekzot is seeking this loan to purchase more farming products such as herbicides, fertilizers, and other necessities in order to appropriately manage his crops and, ultimately, to generate higher profits. Bekzot is 25 years old, and he is a very hard worker. He is single, and he does not have any children. Next year, after making a nice profit from his business, he is planning to marry to his loved one. You can play a big role in Bezkot's well-being by supporting him.



Background information on Tajikistan: 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 Tajikstan's independence from the U.S.S.R., further damaged Tajikstan's 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 International'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
  • 202
    View loans »
    Tajikistan Loans Fundraising
  • $27,720,100
    Funds lent in using Kiva
  • 4.3
    Tajikistan Somoni (TJS) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Bekzot to improve his business by purchasing various farming products (e.g., seeds, mineral fertilizer, and herbicides).
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 12, 2009
Listed
Nov 21, 2009
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2010