In the previous year’s growing season, Inomjon A. was diligent in his fertilizer- and pesticide-selling venture. In that season, Inomjon acquired adequate income and that income was used to improve his home and to save for the children’s education expenses.
Because he spent the season diligently selling fertilizer, his own land is unprepared for planting. Currently, it is the rainy season, the appropriate and suitable time for planting. Inomjon has taken the initiative to resume working on his land while selling fertilizer. He requires funds to purchase farm supplies such as seeds and fertilizer. Inomjon is optimistic that his venture will be successful and all his efforts will improve the family’s welfare.
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. 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 lives 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.