Kiva conducts regular, ongoing monitoring of all Field Partners, but only posts status updates here in response to relevant, major changes to the partner.


Partner Description:

Imkon Finans is an Uzbek MFI established in 2011 in Andijan (Fergana Valley). It serves people from rural areas and small towns in the region, providing loans for working capital, small investments, purchase and sales of debt obligations, accompanied by information and consulting services. By 2018, following the liberalization of the Uzbek economy, Imkon emerged as an outstanding player in the rural microfinance market of the region, with an operational increase of more than 4 times. Notably, Imkon Finans is one of the first local MFIs that extended loans to women entrepreneurs and plans to further develop dedicated loans for women as well as disadvantaged entrepreneurs.


A unique lending approach:

Imkon Finans is a financially sustainable organization with formal plans to extend its activities within the region and country, diversify its products and services, and digitize its operations to better respond to increased and diversified demand. By 2023, to ensure the financial resources necessary to achieve the development targets, Imkon initiated funding negotiations with other international financiers with socially driven goals, such as BOPA and MCE Social Capital.


Repayment Performance on Kiva

    This Lending Partner All Kiva Partners
  Start Date On Kiva Apr 4, 2024 Oct 12, 2005
Total Loans $414,400 $2,080,480,130
Amount of raised Inactive loans $0 $750,925
Number of raised Inactive loans 0 139
Amount of Paying Back Loans $372,950 $156,958,935
Number of Paying Back Loans 238 189,197
Amount of Ended Loans $41,450 $1,875,720,905
Number of Ended Loans 18 2,532,546
Delinquency Rate 2.07% 13.31%
Amount in Arrears $6,418 $12,997,880
Outstanding Portfolio $246,097 $97,654,140
Number of Loans Delinquent 50 80,779
Default Rate 0.00% 1.83%
Amount of Ended Loans Defaulted $0 $34,298,328
Number of Ended Loans Defaulted 0 91,752
Currency Exchange Loss Rate 0.16% 0.48%
Amount of Currency Exchange Loss $806 $13,156,769
Refund Rate 0.00% 0.54%
Amount of Refunded Loans $0 $11,296,185
Number of Refunded Loans 0 9,885

Loan Characteristics On Kiva

    This Lending Partner All Kiva Partners
  Loans to Women Borrowers 37.98% 78.56%
Average Loan Size $1,619 $394
Average Individual Loan Size $1,619 $585
Average Group Loan Size $0 $1,916
Average number of borrowers per group 0 8.3
Average GDP per capita (PPP) in local country $5,600 $5,592
Average Loan Size / GDP per capita (PPP) 28.91% 7.04%
Average Time to Fund a Loan 6.27 days 9.17 days
Average Dollars Raised Per Day Per Loan $258.31 $42.93
  Average Loan Term 15.55 months 11.5 months

Journaling Performance on Kiva

    This Lending Partner All Kiva Partners
  Total Journals 0 1,238,076
  Journaling Rate 0.00% 41.81%
  Average Number of Comments Per Journal 0.00 0.02
  Average Number of Recommendations Per Journal 0.00 0.55

Borrowing Cost Comparison (based on 2009 data)

    This Lending Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower N/A N/A 27.52% PY
  Profitability (return on assets) 7.09% N/A -2.50%
  Average Loan Size (% of per capita income) N/A N/A 0.00%

Country Fast Facts

Lending Partner Staff

Feruzbek Adahamjonov
Davron Akbarov
Abduhalilov Golibjon
Iroda Isroilova