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Sharofat
Sharofat is a hard-working business owner from Dushanbe, Tajikistan. Her business is selling the fabrics used for sewing the national dresses. Sharofat has been running her business for 12 years and has gained much experience. She is divorced from her husband and has two children. Sharofat’s business has become the main source of income for her family. Her son also is engaged in her business. Sharofat has requested a loan of 5000 Somoni to add to her working capital. Her business is growing. Financial assistance will help her to continue operating successfully and supporting her family.

More about Tajikistan and IMON International

Tajikistan is known for its rich history, which includes having been a key post along the Silk Road and having witnessed 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 epic mountain passes, a civilization that dates back to the 4th millennium BC, and communities that still speak the ancient Sogdian language. 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.

Since December 2007, IMON International has worked closely with Kiva and Kiva lenders to offer poor and low-income clients a viable business proposition. Funds raised through Kiva have already been distributed to thousands of IMON International's clients and will 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
  • 291
    View loans »
    Tajikistan Loans Fundraising
  • $28,680,475
    Funds lent in using Kiva
  • 4.4
    Tajikistan Somoni (TJS) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Sharofat to purchase fabrics.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 15, 2010
Listed
Sep 30, 2010
Currency Exchange Loss:
Covered
Ended:
Sep 17, 2011