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Jumaboy

Jumaboy A. is married and has two children. He runs a small business selling rice in the local market. His place is located in the main market aisle, where there are many customers every day. Jumaboy has been in this business for over ten years. He is a high achiever and a consistent entrepreneur who is very knowledgeable about the market environment. His professional skills and perseverance have helped to ensure rapid growth and success of his business.



Jumaboy is requesting a loan for $800 to increase the assortment of his sales inventory. He is hoping that this loan will help his venture grow and generate extra profits. We believe that Jumaboy's ability to identify tasks critical to business success and set up a system for accomplishing them will allow him to continue growing in the sphere of private entrepreneurship.



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 for its famous great thinkers, philosophers, scientists and poets: 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. And, 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% 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

  • $2,700
    Average annual income
  • 155
    View loans »
    Tajikistan Loans Fundraising
  • $29,621,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Jumaboy to purchase rice to increase his range of business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 20, 2009
Listed
Mar 25, 2009
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2010