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Okhunbobo
D. Okhunbobo is the happily married father of two children. He leases eight hectares of land, all of which are planted with vegetables, as there is generally adequate irrigation all year round in the area. Thus, over the course of a year, the land can be planted on a rotational basis with potato, tomato, cucumber, wheat, and barley. Besides these, he has many fruit trees on his land. This rotational planting process preserves the richness of the land. Of course, it is also dependent on the weather.


For cultivating land this size, Okhunbobo requires additional funds to increase his expected yield. Last season, Okhunbobo faced considerable difficulties in terms of supplying his land with sufficient water. He has applied to IMON International for a loan in order to ensure a good yield of fruits and vegetables. This is Okhunbobo’s first loan and he is sure that his successful efforts will increase his income and improve his family’s welfare.


More about Tajikistan


Tajikistan is perhaps best known for its rich history, which includes being a key post along the Silk Road and being the location of the end of the rule of Alexander the Great. It is also known for its famous great thinkers, philosophers, scientists and poets, such as Rudaki, Ibn Sina (Avicenna), Firdousi, Omar Haiyam, Jomi, Mavlavi Rumi, and many others. The country, filled with epic mountain passes, is home to communities that still speak the ancient Sogdian language, and boasts a civilization that dates back to the fourth millennium BC. Even 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 the already weak economy. In addition, 93 percent of the country is mountainous and only 7 percent 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.


More about IMON International


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
  • 164
    View loans »
    Tajikistan Loans Fundraising
  • $28,183,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Okhunbobo purchasing of seeds and fertilizer.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 12, 2009
Listed
Mar 13, 2009
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2010