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Nazrullo
Nazrullo is married and has six children but only three live with him. These three children are still in school and help him with his store.

Nazrullo has thirteen years experience with his business selling groceries. With his small savings and on his own initiative, he decided to set up the store nine years ago. He thought about it because there wasn’t this type of business in his neighborhood.

Thanks to the store, Nazrullo was able to buy a small used car which he uses to do deliveries in the mornings from time to time. His wife doesn’t work and when Nazrullo needs to go out she is in charge of selling the groceries. Nazrullo works everyday of the week from 6 a.m. to 10 p.m. This hardworking father is motivated by his great love for his family.

This is the third time Nazrullo has requested a loan from IMON International and he has proven to be responsible with his repayments in the past. He wants to use the loan to invest in his store. He is sincerely grateful for your support.


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 B.C. 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 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

  • $2,700
    Average annual income
  • 142
    View loans »
    Tajikistan Loans Fundraising
  • $29,299,475
    Funds lent in using Kiva
  • 4.4
    Tajikistan Somoni (TJS) = $1 USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Nazrullo to purchase foodstuffs to increase his range of goods.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 18, 2009
Listed
Nov 23, 2009
Currency Exchange Loss:
Covered
Ended:
Oct 16, 2010