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Kosim
Kosim K. is 63 years old. He is married and has three children. He has been very familiar with agriculture since he was young. Thanks to his parents he knows how to work the land. Now Kosim supports himself entirely from vegetable production. He works all day cleaning, irrigating and fertilizing his fields so that his production will be good. He has always liked cleaning his fields because it is important and is lighter work than many of his tasks. Kosim wishes to improve his family's quality of life; that wish provides the motivation for his arduous work. Kosim will invest the loan in the purchase of seeds, fertilizer, fuels and lubricants, with the aim to have the best production in his community in a few months.

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
  • 290
    View loans »
    Tajikistan Loans Fundraising
  • $28,429,000
    Funds lent in using Kiva
  • 4.4
    Tajikistan Somoni (TJS) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,300 helped Kosim to purchase seeds, fertilizer, fuels and lubricants.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Oct 6, 2010
Listed
Oct 8, 2010
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2011