Djamoliddin is married, 26 years-old and has two children. He began his business four years ago with a small store, which adapted according to the market demand. Initially, Djamoliddin offered a small number of bricks and other construction materials to his buyers but in time it expanded due to his location and the needs of his clients. Djamoliddin is asking for a loan of 4,700 Somoni to purchase merchandise for his business in order to offer a more diverse range of products to his clients. In this type of business, novelties always appear. He wants to be able to keep an up-to-date inventory and meet the preferences of his clients. Djamoliddin thanks you for your support to allow him to continue to better both his business and the quality of life for his family.
More about Tajikistan and IMON International:
Tajikistan is perhaps best known for its rich history, which includes a key post along the Silk Road, the end of Alexander the Great's rule and it’s famous great thinkers, philosophers, scientists and poets such as: Rudaki, Ibn Sina (Avicenna), Firdousi, Omar Haiyam, Jomi, Mavlavi Rumi and many others. 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. Today, it is a complex mixture of the Islamic faith, Soviet culture, New West culture and Central Asian traditions.
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 an 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 lives in abject poverty.
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.
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.