Total loan: $2,150
Tursunzade, Districts of Republican Subordination, Tajikistan / Retail
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A loan helped To buy household goods.
Zafarjon lives and works in Tursunzade, Tajikistan. He sells household goods such as an irons, vacuum flasks, glassware, and paints. He started his business with the small amount of 600 USD. He learned this business from his father. Zafarjon wants to expand his business and increase his working capital. He would like to get a loan of 10,000 TJS to purchase household goods in order to increase his working capital and to make a good profit. More about Tajikistan and IMON International Tajikistan is known for its rich history. It hosted a key post along the Silk Road and marked the extent of Alexander the Great's empire. 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. Today, it is a complex mixture of the Islamic faith, Soviet culture, New West culture and Central Asian traditions. 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 sectors, 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