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.
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