Sayvaly wants to develop the business and increase its profit. From the profits he plans to buy all necessary things for his children. He requested a loan in the amount of 2,000 somoni, which he will use to buy more cattle for later resale at a profit. He hopes for Kiva's cooperation in this loan, since it will be used to improve his family's income.
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This loan is part of IMON's effort to expand financial access to rural populations through 16 offices located far from regional centers or main towns. By funding this loan, you are enabling rural populations to gain better financial skills, develop businesses and improve their lives.
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