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Said
Y. Said is 50-year-old married man with four children. Said is a hard-working man. He knew many people who purchased cattle, and this motivated him to start his own business nine years ago. Over time, he has increased his cattle sales and he is proud to say that the business has been running well, but he now needs additional capital to expand his business. Therefore, Said is requesting a loan in the amount of 4000 Somoni to purchase small cattle and fodder for them. He and his family thank you very much for the support that you offer them in helping to expand his business and helping them give their children a better quality of life.


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. 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.

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
  • 115
    View loans »
    Tajikistan Loans Fundraising
  • $27,997,725
    Funds lent in using Kiva
  • 4.3
    Tajikistan Somoni (TJS) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Said to purchase small cattle and fodder for them.
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