Give the gift of Kiva. Buy 2 Kiva Cards for others, get a $25 credit for yourself!
Total loan: $925
Tursunzade, Districts of Republican Subordination, Tajikistan / Clothing
Flag of Tajikistan
Asalmo's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped Increasing of the working capital with the purpose of business development.
M. Asalmo is 30 years old. She is married and has three children. Asalmo sells clothes for women at the central city market. The location of her vending store is very favorable as it’s in a busy place. Asalmo has been in this trade for 5 years. She has proven to be an honest and communicative businesswoman. Asalmo is hoping to take a loan of 4000 Somoni to increase the variety of inventory in her store and to keep her business running successfully. This purchase will enable her to increase her sales, to earn more, and to meet the education expenses of her children. More about Tajikistan and IMON International Tajikistan is known for its rich history, which includes a key post along the Silk Road and the end of Alexander the Great's rule. It has also produced great thinkers, philosophers, scientists and poets, including Rudaki, Avicenna, Ferdowsi, Omar Khayyam, Jomi, and Rumi. 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