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Dilovarsho
V. Dilovarsho has always been a hardworking man who has made sure, from a young age, that his family never goes without their daily bread. He is married with four children. Dilovarsho has a grocery store where he sells different kinds of foods. With a small amount of starting capital, Dilovarsho began this enterprise 10 years ago. Thanks to his perseverance and dedication, he has expanded his business and today his whole family is engaged in this business.

Dilovarsho needs to buy additional foodstuffs to increase the range of goods he is selling. He is requesting a loan of 6,500 somoni for this purpose. He is ready to work even harder, make sacrifices, and push every once in a while, to achieve his goal and become a successful entrepreneur.

More about Tajikistan and IMON International:
Tajikistan is perhaps best known for its epic mountain passes and its rich history which includes its place as a key post along the Silk Road and events at the end of Alexander the Great's rule. It has produced famous 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 and a civilization that dates back to the 4th millennium BC. 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. A 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 productivity and the 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 viable business prospects. 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
  • 240
    View loans »
    Tajikistan Loans Fundraising
  • $27,753,375
    Funds lent in using Kiva
  • 4.4
    Tajikistan Somoni (TJS) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Dilovarsho purchasing foodstuffs to increase the range of goods for selling.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 3, 2010
Listed
Sep 13, 2010
Currency Exchange Loss:
Covered
Ended:
Sep 17, 2011