In particular, Fotima has been running a catering business for 25 years, whereby she provides the meals of the national cuisine. She operates her business with the help of her daughter in the central local market, which allows Fotima to have many clients, the majority of whom make purchases in the market and stop by her business to enjoy her delicacies. On a daily basis, Fotima purchases the latest foodstuffs and she then cooks delicious dishes for her customers.
Over the last 25 years, her business has generated stable income, but this year is especially important for Fotima because one of her sons is getting married while another son is graduating from school and will soon be entering the university. Being a loving mother, Fotima wants to support her sons and, in order to do so, she is planning to expand her business by purchasing additional kitchen wares. If she is able to put her plan into place, she expects to generate more income, which she will spend on the marriage of her oldest son and to pay the fees for the education of her younger son. With this purpose in mind, she is requesting a loan in the amount of $850 to be repaid within 12 months. Fotima is counting on your help, and not only thanks all for supporting her but also promises to repay the loan promptly.
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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Success!! The loan was 100% repaid