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Muminjon
Muminjon rents a small barber shop in the center of the town. He just got married and doesn’t have any kids yet. He spends a lot of time serving his regular clients. Being very polite by nature and being professional at his job, he gathered a lot of clients. But serving many many clients has caused his equipment to wear out. So he needs to buy equipment of newer technology, like in developed countries. With the loan he plans to buy equipment for washing and drying client’s hair thus offer a better service.

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

  • $2,700
    Average annual income
  • 148
    View loans »
    Tajikistan Loans Fundraising
  • $29,656,600
    Funds lent in using Kiva
  • 3.4
    Tajikistan Somoni (TJS) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Muminjon purchasing inventory, equipment for his barber shop.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 13, 2008
Listed
Oct 30, 2008
Currency Exchange Loss:
Covered
Ended:
Jun 16, 2010