Check out some available loans that are similar to this one!
Olim
Olim is a hard-working man who is in agriculture. He has worked at this business for a long time and has acquired his abilities in ranching and farming over a long period of time. He is a married father with responsibilities for maintaining his 3 children.

Olim is known as being very responsible and hard-working. Every day, very early in the morning, he starts his job taking care of his fields while at the same time raising cattle in his own pen located at his house. IMON International has been the backbone of his business because of having granted loans which have allowed him to improve his standard of living. This has been achieved through the acquisition of cattle and vegetables for planting. Today, once again, Olim trusts that his loan will be approved and he will be able to improve his business with the purchase of cattle and farm supplies to plant.


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
  • 275
    View loans »
    Tajikistan Loans Fundraising
  • $28,407,025
    Funds lent in using Kiva
  • 4.6
    Tajikistan Somoni (TJS) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,200 helped Olim to purchase cattle.
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 16, 2011
Listed
Jun 3, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2012