100%

funded

Total loan: $1,500

Jumagul

Tursunzade, Districts of Republican Subordination, Tajikistan / Clothing

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A loan helped To purchase new goods in order to increase the assortment of products for sale.


Jumagul's story

Jumagul K. is a married mother of two children. She sells socks at an open market in Tursunzade city. The very good location of her vending place brings many clients her way. Her business does well. Jumagul has been in this business for 25 years, ever since she saw that socks were one of the few products that sell well and produces a stable income. Jumagul would like a loan of $1500 USD to add an assortment of winter goods. She would spend additional income to improve her living conditions. 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