100%

funded

Total loan: $2,975

Tolibboy

Flag of Tajikistan
Istaravshan, Sughd Province, Tajikistan / Agriculture

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A loan helped Towards the purchase of seeds and mineral fertilizer.


Tolibboy's story

Farming requires a lot of effort, which is why Tolibboy, from a young age, has dedicated himself to his business. Today, he is seeking a way to expand his farming efforts in order to support his family, which consists of his wife and 5 children. Tilibboy faces lack of capital financing for the production of potatoes, wheat and oats. For this reason, he trustfully approached IMON to ask for a loan for that activity. In this way, he can continue supporting his humble home and develop his business economically. 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