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Muhammadsodik
Muhammadsodik Y. is 24 years old. He lives in Isfara town with his parents. Despite his young age, Muhammadsodik has already become the main bread-winner in his family. Muhammadsodik’s business is drying and processing apricots. He's been in this business for 6 years. His mom helps him too.

Muhammadsodik offers a wide assortment of goods for clients of different means. At the same time, he raises young cattle and sells them at the local market. All this allows Muhammadsodik to make his business quite successful and it brings in the stable income for the family.

With money from this business, he paid for his university and graduated. Today Muhammadsodik is requesting 1500 Somoni (450 USD) for the term of 8 months. He is going to spend the loan purchasing half-dried apricots with the purpose of drying and processing them in order to increase the range of goods for selling. Earned money from his business he wants to use for his own wedding. Muhammadsodik expresses his gratitude for everyone supporting him.

Additional Information

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.

About Tajikistan

  • $1,388
    Average annual income
  • 106
    View loans »
    Tajikistan Loans Fundraising
  • $27,997,900
    Funds lent in using Kiva
  • 3.4
    Tajikistan Somoni (TJS) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Muhammadsodik purchasing half-dried apricots for drying and processing.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 22, 2008
Listed
Sep 8, 2008
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2009