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Total loan: $1,375
Dushanbe, Districts of Republican Subordination, Tajikistan / Retail
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Muharamoy's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped To purchase new fabrics.
Muharamoy is a lovely 40-year-old woman who lives with her husband and three children. She runs a small fabric business at the market where she offers a variety of fabrics for different tastes and ages. Muharamoy is asking for this loan so that she can buy a larger quantity of goods. The extra capital will enable her to expand her merchandise and thus improve her business and increase her profits. Her dreams are to have her own large store one day but, most importantly, to enable her children to have a better future – one where they can continue to study at the university, become professionals and lead healthy and comfortable lives. On behalf of Muharamoy and everyone at IMON International, thank you for your support! More about Tajikistan and IMON International: Tajikistan is perhaps best known for its epic mountain passes and its rich history which includes its place as a key post along the Silk Road and events at the end of Alexander the Great's rule. It has produced famous 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 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. But Tajikistan is also the poorest of the former Soviet republics. A civil war, which ignited soon after its independence from the U.S.S.R., further damaged an 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 productivity and the 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 viable business prospects. 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.