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Abdulmumin
Abdulmumin is married and has seven children. His wife is a homemaker. He has been in business for 21 years and is involved in sales of men's shirts. His oldest son helps him with the business. Abdulmumin buys merchandise at wholesale prices at the "Atush" market and sells it based on installment plans. He uses the resulting income to expand his business and support his family. With the onset of winter, Abdulmumin wants to increase the volume of winter shirts and refill merchandise inventories. He needs funds to do this. Abdulmumin wants to obtain this loan and purchase merchandise at wholesale prices. He hopes to get this loan. Thank you.
View original language description ↓
Абдулмумин женат имеет семерых детей. Жена домохозяйка. В бизнесе 21 год. Он занимается торговлей мужских сорочек. В бизнесе ему помогает старший сын. Он по оптовым ценам закупает на рынке «Атуш» товар и продает в рассрочку. Полученные доходы идут на расширение бизнеса и часть на содержание семьи. С приближением зимы он хочет увеличить объем зимних сорочек и пополнить оборот товаров. Для этого ему нужны средства. Он хочет получить займ и закупить по оптовым ценам товар. Он надеется на получение займа. Спасибо.

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
  • 212
    View loans »
    Tajikistan Loans Fundraising
  • $27,725,000
    Funds lent in using Kiva
  • 4.8
    Tajikistan Somoni (TJS) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,475 helped Abdulmumin to refill merchandise inventory.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 14, 2011
Listed
Nov 1, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 20, 2012