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Nasiba
S. Nasiba is 36 years old. She is married and has three children. She is a very active woman. Eight years ago Nasiba started the business of raising sheep. She sells them after fattening at the local market, usually to local restaurants. With the income she generates she provides a better quality of life for her children, who are playing the main role in her life.

Despite recent success, since her business is still quite small, and it doesn't generate enough income for the whole family. Nasiba would like to request some loan to expand her business, increase family income and will use the profit generate from the business to repay the loan on time. With this purpose she is asking for a loan of $3000 USD in order to buy more young sheep to later sell when they are fully grown. The well being of Nasiba’s family and her business are in your hands.

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 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

  • $1,388
    Average annual income
  • 176
    View loans »
    Tajikistan Loans Fundraising
  • $28,264,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Nasiba purchasing small sheep in order to expand the business and to improve the living conditions of the family.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jul 15, 2010
Listed
Jul 22, 2010
Currency Exchange Loss:
N/A
Ended:
Jan 20, 2011