H. Sherozjon is 25 years old. He is married with two small children. His wife is a housekeeper and takes care of their children. Thus Sherozjon is the main bread-winner in the family. Sherozjon’s children are small now, but he is already working hard in order to ensure the best future for them. For more than 15 years Sherozjon has been baking the national bread “lepeshka”. He believes that this business is profitable and is not subject to seasonality. He gets up early and bakes "lepeshka" and other breads so that people can have fresh bread on their tables for breakfast. He purchases all the ingredients such as flour, salt and yeast from the local market. Now Sherozjon is requesting a loan of 5000 Somoni. The loan will be spent on purchasing flour and coal for baking “lepeshka”. Sherozjon deeply appreciates the trust and support you are giving him.
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. Even today, it is a complex mixture of the Islamic faith, Soviet culture, New West culture and Central Asian traditions.
However, 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 country's 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.
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.