Total loan: $1,300
Tursunzade, Districts of Republican Subordination, Tajikistan / Retail
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A loan helped to buy seasonal fabrics.
Nasibakhon is divorced and has two children. She works hard to be able to provide for her family and pay all the bills. Nasibakhon runs a small business, selling fabrics for sewing women's national dresses in the central market of Tursunzade. She has been in the trade for over 13 years. Nasibakhon is hoping to use the loan of 6,000 Somoni to purchase better-quality merchandise at wholesale prices, which would help her increase proceeds from sales. The profit generated by the loan would help her continue saving for her own housing, which has been Nasibakhon’s dream for many years. More about Tajikistan and IMON International Tajikistan is known for its rich history, which includes being a key post along the Silk Road, and for 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