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Kahramon
S. Kahramon is a very responsible and optimistic person. He has three children and a wife who he has to support. His father is not working - only S. works in the family and is responsible for feeding them.

Kahramon began his working life in the catering field. His mother baked pies at home and he sold them in order to feed his family. Saving money, he began his business and got married. He has been in the clothing sales business for six years.

Kahramon is currently faced with many problems because as his children grow up, accordingly their expenses are growing too. He would like to get a loan of 11,000 Somoni to buy a place for his business. The only way to get out of this difficulty is to succeed in business, so we hope that his capabilities, along with the services provided by IMON International will help him improve the business.

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 century 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. The civil war, which ignited soon after its independence from the USSR, 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
  • 188
    View loans »
    Tajikistan Loans Fundraising
  • $28,289,550
    Funds lent in using Kiva
  • 4.5
    Tajikistan Somoni (TJS) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,475 helped Kahramon to buy a business premises.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 2, 2011
Listed
Mar 19, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2011