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Erkin
M. Erkin is 22 years old. Unmarried, Erkin is supporting his parents.

For the last three years Erkin has been involved in baking the national bread called “lepeshka”. Erkin is a rather hard-working young man. He runs his own bakery and dreams of generating the sufficient income to marry. Erkin plans to have a spacious and convenient shop for baking the “lepeshka”. He would like to purchase more flour and coal for his business. At the same time he needs to repair the current bakery. He requests a $600.00 US dollar loan for the term of 12 months. This is Erink's first loan and he promises to be accurate and prompt in loan repayment and thanks all for their support.

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
  • 294
    View loans »
    Tajikistan Loans Fundraising
  • $28,691,050
    Funds lent in using Kiva
  • 3.5
    Tajikistan Somoni (TJS) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Erkin to buy flour and coal and repair the bakery.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 12, 2008
Listed
Feb 26, 2008
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2009