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Ilhomjon
M. Ilhomjon is married. His wife is a homemaker and they have two children. He has always been a hard worker, someone who started at an early age helping his mother with her clothing business and contributing his earnings to the family from the time he was young. When Ilhomjon married, his expenses increased and he had to strike out on his own to build a business that would support his own family. With the help of his father, he started a clothing-sales business and his wife helped him. His business has grown and he wants to continue to grow in order to improve his quality of life. He is asking for a loan of 7500 Somoni to buy more merchandise for his business. Ilhomjon and his family are very grateful for the support you are providing to help them get ahead.

More about Tajikistan and IMON International

Tajikistan is known for its rich history, which includes being a key post along the Silk Road at 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 BC. 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
  • 150
    View loans »
    Tajikistan Loans Fundraising
  • $29,330,250
    Funds lent in using Kiva
  • 4.4
    Tajikistan Somoni (TJS) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,725 helped Ilhomjon buying new clothing to sell.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 3, 2010
Listed
Jun 24, 2010
Currency Exchange Loss:
Covered
Ended:
Jun 16, 2011