S. Shuhrat is 37 years old. He and his wife have one son, who is 6 years old. Shuhrat sells DVDs and CDs. He orders the delivery of the disks from the neighboring city of Khujand and tries to have all the new movies and concerts of the popular actors, singers, and others. He also provides computer services, such as audio editing of video tapes and discs with recordings of his clients' family events. Shuhrat tries to use modern, up-to-date technologies in his work so that he can satisfy the demands and requirements of the customers.
Shurhrat's business is successful generating the main income for his family. Today Shuhrat requests $800 US for a term of 12 months. He is planning to purchase a lot of DVDs and CDs to sell. Shuhrat thanks everyone for supporting him and promises to be accurate in his loan payment.
More about Tajikistan and IMON International
Tajikistan is perhaps best known for its rich history, which includes a key post along the Silk Road; the end of Alexander the Great's rule; and its famous great thinkers, philosophers, scientists and poets, including Rudaki, Ibn Sina (Avicenna), Firdousi, Omar Haiyam, Jomi, Mavlavi Rumi and many others. The country is home to epic mountain passes, communities that still speak the ancient Sogdian language, and a civilization that dates back to the 4th millennium BC. Today, it is a complex mixture of the Islamic faith, Soviet culture, New West culture and Central Asian traditions.
But Tajikistan is also the poorest of the former Soviet republics. The civil war, which ignited soon after its independence from the U.S.S.R., further damaged its already weak economy. In addition, 93% of the country is mountainous and only 7% of the land is arable. These conditions have resulted in high levels of unemployment and have forced hundreds of thousands to seek work in other countries, mainly Russia. While the people of Tajikistan are working to improve its agricultural production and manufacturing sector, nearly two-thirds of the population still live in abject poverty.
Since December 2007, IMON International has worked closely with Kiva and Kiva lenders to ensure that poor and low income clients represent a viable business proposition. Funds raised through Kiva have already been distributed to thousands of IMON International's clients and will continue to provide thousands more with permanent access to the varied financial services they need. To learn more about IMON International's work, please visit: www.imon.tj.
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.