More specifically, Ruziboy runs a farm, and he has twenty years of experience in the business. He has been able to support his family by learning how to manage his crops in the short growing season. To illustrate, he grows crops such as wheat, onions, potatoes, tomatoes, and cucumbers. Each year his yield is sufficient to meet his family's consumption needs and to sell crops for a profit. The business is the main source of his family's income, yet generating a stable income requires considerable funding.
Thus, now Ruziboy would like to purchase mineral fertilizers and seeds for planting, so he is seeking a loan in the amount of $1,000 over a 6-month term. With the loan proceeds, Ruziboy would buy supplies for the harvest and to improve production so that he can increase the quality of his yield and his earnings in turn. After making a good profit from his business, he is planning to send his younger son to the University because he recently finished school. With your help, this will be possible, so he thanks everyone for supporting him and promises to repay the loan on time.
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.
114View loans »
Success!! The loan was 100% repaid