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Bakhtiyorjon

Bakhtiyorjon is 24 years old and the father of two kids. He lives with his parents who are hugely helpful to him, above all on their farm. Bakhtiyorjon grows potatoes and raises livestock. He's been doing this difficult work since he was 20 years old. The thing that pleases him most is taking good care of his crops and animals since a good appearance might fetch a better price. Since his products, once in the market, are in high demand by his customers, he's right to take care. This is Bakhtiyorjon's first loan. He will use the funds to buy more cattle for expanding his animal caring business.


More about Tajikistan and IMON International

Tajikistan is perhaps best known for its rich history, which includes a key post along the Silk Road and the end of Alexander the Great's rule; and its famous great philosophers, scientists and poets, such as Rudaki, Ibn Sina (Avicenna), Firdousi, Omar Haiyam, Jomi, Mavlavi Rumi and many others. The country is home to communities that still speak the ancient Sogdian language, epic mountain passes, and a civilization that dates back to the 4th millennium BC. Even today, it is a complex mixture of the Islamic faith, Soviet culture, New West culture and Central Asian traditions.

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 the 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.

IMON's History

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

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

  • $1,388
    Average annual income
  • 200
    View loans »
    Tajikistan Loans Fundraising
  • $27,720,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $675 helped Bakhtiyorjon purchasing cattle.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 5, 2009
Listed
Mar 11, 2009
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2009