He works as electrician in a organization for 6 years. Thanks to his good experience in this field he works successfully but has a small salary. It does not allow him to provide for the needs of his family and repair his house because his family needs are greater with the two young children. He is asking for a loan of 5000 somoni to buy building materials as slate, wood, cement for repairing his house.
This loan will help him buy building materials to repair his house. In this way he will provide high quality living conditions for his family and put an end to the problems with the house.
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.
About Housing Loans
Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.
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Success!! The loan was 100% repaid