For the last 9 years, Akram has been in the business of baking the national bread called “lepeshka”. Akram is the main bread-winner in the family, but his wife helps him when it is possible. He has someone who supplies him with necessary materials at wholesale prices. Over the years, Akram has found customers who buy in bulk, usually buying the “lepeshka” for their cafes and restaurants. At the same time Akram runs a booth located in the central market of the city.
Today Akram is applying for a loan for the first time. He is planning to purchase ingredients such as flour and coal for baking extra national breads as he has big orders for them.
With this purpose in mind, Akram is requesting a loan in the amount of US$ 1000 for the term of 12 months. Akram would like to thank everyone supporting him and promises to repay the loan in a timely manner.
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