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Ravshan
As the father of four children, Ravshan decided to start looking to start the kind of business that could yield enough money to support his wife and family for the long term, particularly so that his children can finish their studies. For this reason, he took what little savings he had and started his own bread “lepeshka,” a bakery business at home. With only a few utensils and clients but with faith and enthusiasm, he has made his business successful by growing a loyal clientele little by little. However, Ravshan wishes to offer his clients better services so that they do not seek other competing businesses. He also wants to be able to attract more clients. He is therefore requesting a loan in the amount of $1,000 USD. With this money, Ravshan will be able to buy more products for making lepeshka and will be able to make improvements to his offerings. With these improvements, Ravshan expects to attract more clients and will be capable of supporting his family and continuing to fund his children’s studies. His goal is to be able to offer a better future to his family.


More about Tajikistan


Tajikistan is perhaps best known for its rich history, which includes being a key post along the Silk Road and being the location of the end of the rule of Alexander the Great. It is also known for its famous great thinkers, philosophers, scientists and poets, such as Rudaki, Ibn Sina (Avicenna), Firdousi, Omar Haiyam, Jomi, Mavlavi Rumi, and many others. The country, filled with epic mountain passes, is home to communities that still speak the ancient Sogdian language, and boasts a civilization that dates back to the fourth 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 percent of the country is mountainous and only 7 percent 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.


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
  • 233
    View loans »
    Tajikistan Loans Fundraising
  • $27,728,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Ravshan to buy flour and ingredients for the baking of lepeshka.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 4, 2009
Listed
Nov 23, 2009
Currency Exchange Loss:
N/A
Ended:
Dec 16, 2010