Muzaffar produces Tajik cradles. The cradles in Tajikistan are very colorful. They are made of wood. As a rule the national cradle is presented by the grandparents of a child when the baby is 40 days old. The entire family celebrates this event. Muzaffar has been in this business for 15 years. His wife and two children help him. Once the cradles are finished, he sells them from his house. The business provides stability that allows the family to have enough income to ensure the family can improve their living conditions.
Muzaffar has been working with IMON for three years. He has proven himself as a successful client, managing his loans with accuracy and precision. Today Muzaffar requests a loan in the amount of $1,000.00 US Dollars in order to purchase planks and paints for producing more cradles. Muzaffar is planning to repay the loan in 6 months.
About IMON InternationalIMON 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.
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