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Riyozat
I. Riyozat is 47 years old and comes from a large and humble family. She is married and the loving mother of four children. Her father's hard and demanding character showed her, from the time she was a little girl, the significant value of work, and therefore she has been successful in various activities throughout her life. Now Riyozat dedicates herself to raising and selling cattle. With the income she generates, she provides a better quality of life for her family.

Riyozat asks for a loan of 5000 somoni in order to buy more calves to sell when they are fully grown. With this investment she will be able to substantially increase her earnings and improve her quality of life.

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
  • 233
    View loans »
    Tajikistan Loans Fundraising
  • $27,728,700
    Funds lent in using Kiva
  • 4.4
    Tajikistan Somoni (TJS) = $1 USD

Success!! The loan was 100% repaid

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