G. Lafiz is 38 years old, married and has three children. He has a secondary education and operates an animal husbandry business. He has a small farm where he breeds calves. Because he does not have a specialized education, animal husbandry is the only source of income for his family. Lafiz buys calves on the market at a low price, feeds them, and then resells them at a higher price.
Lafiz is applying for a loan because he needs money to buy more cattle. He is requesting 2500 Somoni (750 USD) and plans to repay the loan within 12 months.
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.