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Abdurasul

Abdurasul K. is a 33 year old married man with two children and parents under his care. Abdurasul is a hard-working man who, while continuing to work another job, started his own business as a source of additional income and savings in case of unemployment.



He knew many people who purchased cattle and this motivated him to start his own business twelve years ago. Over time, he has increased his cattle sales and he is proud to say that the business has been running well. At the day of our visit Abdurasul was gone to the market so his mother, who helps him with his business, is pictured above.



Abdurasul now needs additional capital to expand his business. Therefore, he is requesting a loan in the amount of 3000 Somoni ($900 USD) to purchase additional cattle to sell. More specifically, he will reinvest the loan proceeds and grow the business, as he has been doing. He is offering to repay the loan in twelve months. He and his family thank you very much for the support that you offer them in helping to expand his business and give their children a better quality of life.

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
  • 149
    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 $900 helped Abdurasul to purchase cattle and small cattle to expand the business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 24, 2008
Listed
Dec 1, 2008
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2009