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Burkhon
Burkhon M. is a 25-year-old young man who dedicates his time to driving a taxi and a microbus. He is not married, but the need for an additional source of income for his large family forced him to start his own business. Burkhon has about two years of experience in the public transportation field. Demands for his service are rather high since there are so many people who need it.


Burkhon must maintain his vehicle since this is the tool of his trade. So now Burkhon is counting on your help. He is requesting a loan of $3000 USD to purchase spare parts and winter tires for his microbus. With your support, Burkhon will continue to prosper in his business and so support his brother and sister in their education.


About 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 epic mountain passes, communities that still speak the ancient Sogdian language, and a civilization that dates back to the 4th millennium BC. Even today, it is a complex mixture of the Islamic faith, Soviet culture and new Western cultures and Central Asian traditions.


But Tajikistan is also the poorest of the former Soviet republics. The civil war that 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.


About IMON International:


Since December 2007, IMON International has worked closely with Kiva and Kiva lenders to ensure that poor and low-income clients have access to reasonable financial services. 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
  • 246
    View loans »
    Tajikistan Loans Fundraising
  • $28,365,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Burkhon to buy spare parts and winter tires to maintain his microbus.
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