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Erkin
Erkin is 44 years old. He lives in a small village with his wife and two children. He requested loans from local financial institutions several times for a family business start-up, but without any success. His loan request was rejected because of his low income and the family’s poor living conditions.

The only source of income for the family is from agricultural activities. In particular, they have milking cows. They sell milk at local markets. Besides that, they have agricultural land where they grow potatoes and crops. It is hardly enough to provide food for the family.

He wants to develop his business, but he has no money to buy more cattle. This loan will help him to increase the number of cattle, and from the profit, improve his family's living conditions. He awaits your support.

Additional Information

More information about this loan

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 International

IMON 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.

Tags

About Tajikistan

  • $2,700
    Average annual income
  • 169
    View loans »
    Tajikistan Loans Fundraising
  • $29,362,000
    Funds lent in using Kiva
  • 4.8
    Tajikistan Somoni (TJS) = $1 USD
Expired
A loan of $2,100 helped Erkin to buy cattle for his business.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 16, 2013
Listed
Sep 8, 2013
Currency Exchange Loss:
Covered
Expired:
Oct 8, 2013