Nurmahmad is a strong man who works hard every day to obtain a good harvest, never wasting a moment of valuable time. Thanks to his efforts he has been able to provide for the well-being and education of his family. Nurmahmad grows potatoes, onions, and carrots. He feels fortunate to have the opportunity to obtain some financing for his lands. He plans to invest in seeds and some pesticides.
For this reason Nurmahmad is requesting a loan of 4000 Somoni (1175 USD) for the term of 10 months. The loan will help him avoid borrowing from informal lenders who charge way too much and take a large part of the profits he makes from his crops. He expresses his gratitude to everyone who decided to support him.
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