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Rahmatullo
Z. Rahmatullo is 58 years old and has a successful business selling flour, rice and mineral fertilizer at the local market of Shahrituz region. He sells an assortment of different items of good quality.

Because Rahmatullo buys his goods wholesale, his prices are cheaper than those of his competitors. Thus he has many customers who even make a purchase of his products straight from his house.

Today Rahmatullo has great demand for his goods and that is why he wants to take an individual loan. He has requested a loan of 13,000 Somoni to add to his working capital to allow him to purchase more inventory.

Rahmatullo is ready to work even harder, make sacrifices, and push every once in a while to achieve his goal and become a successful entrepreneur.

IMON International believes his perseverance and clear vision will become key success factors in his small business.


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

  • $1,388
    Average annual income
  • 223
    View loans »
    Tajikistan Loans Fundraising
  • $27,725,000
    Funds lent in using Kiva
  • 4.4
    Tajikistan Somoni (TJS) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,975 helped Rahmatullo to purchase flour and rice to increase his stock of goods.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 8, 2010
Listed
Apr 23, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 20, 2011