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Alisher
Alisher provides transportation services around the territory of Istaravshan, where he lives with his wife and two young children. His business is the only source of income for his family. He has been in this business for four years. Alisher enjoys his work because he loves being around other people.

Alisher is planning to use his loan of 10,000 Somoni to make essential repairs to his vehicle. He is confident that these repairs will make his car more durable and will help him handle tough competition and expand his business. Profits generated will not only promote continued growth for Alisher’s business but will also provide a better income for his family. Alisher is a balanced and determined individual who has repaid his previous loans from IMON International without any delinquencies.

More about Tajikistan:

Tajikistan is known for its rich history. It was a key post along the Silk Road and served as the location for the end of the rule of Alexander the Great. 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, communities that still speak the ancient Sogdian language, and a civilization that dates back to the fourth 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. The civil war, which ignited soon after its independence from the U.S.S.R., further damaged the already weak economy. In addition, 93 percent of the country is mountainous, leaving only 7 percent arable land. 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.

More about IMON International:

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

  • $2,700
    Average annual income
  • 170
    View loans »
    Tajikistan Loans Fundraising
  • $29,362,000
    Funds lent in using Kiva
  • 4.6
    Tajikistan Somoni (TJS) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,200 helped Alisher to purchase spare parts for necessary repairs to his minivan.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 2, 2011
Listed
Jun 4, 2011
Currency Exchange Loss:
Covered
Ended:
May 18, 2012