Total loan: $1,500
Gafurov, Sughd Province, Tajikistan / Food
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Jahongir's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped To purchase cattle to expand the business.
Jahongir S. is 23 years old. He is a young married man and has one child. Jahongir has a butcher shop and has run a meat selling business for 12 years. He provides the markets with meat and his family with the necessary food. Now, Jahongir is requesting a loan of $1500 USD. Due to the profitability of his business, the determination of this micro entrepreneur, and his experience in the business, this customer is qualified to receive this loan. It is the high season for sales now, and Jahongir wants to take advantage of it to increase his profits. 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