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Uktam
For eight years, Uktam A. has been raising cattle, as well as growing potatoes and carrots. He has 15 hectares of land. His wife and oldest son help him during the planting season. He also manufactures wooden plows. In his village, this wooden plow is very popular, because it is affordable for the residents of this rural area. Uktam is planning to spend the income he generates from these activities to pay the fees for the education of his children, as he has three of them.

Uktam is planning to purchase two cows for breeding. He also wants to improve the winter conditions for his cattle, because this year it is unusually cold in Tajikistan. For this purpose, Uktam requests $900 for the term of 12 months. This is his second loan, and the previous one was managed accurately.

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
  • 198
    View loans »
    Tajikistan Loans Fundraising
  • $28,289,550
    Funds lent in using Kiva
  • 3.5
    Tajikistan Somoni (TJS) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Uktam to purchase two cows and to improve the winter conditions for his cattle.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 12, 2008
Listed
Jan 28, 2008
Currency Exchange Loss:
Covered
Ended:
Mar 16, 2009