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Jamoliddin's loan finished fundraising,
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A loan helped To buy more goods to sell.
Jamoliddin is a hard-working man who has fought to provide for his family and educate his children. Today his children are working adults thanks to his example.
Jamoliddin purchases dried fruits from local farmers at wholesale. After processing them, he sells them to his customers. Because he buys his goods wholesale, his prices are lower than regular market prices. He offers a wide assortment of goods for clients of different means. All this allows Jamoliddin to make his business quite successful and it brings a stable income to his family. Currently, he needs a loan of 2500 Somoni ($750 USD) to buy supplies so he can continue to offer good products to his customers. Jamoliddin expresses his gratitude for your support.
More about Tajikistan and IMON International: Tajikistan is perhaps best known for its rich history. History of note includes: it was once a key post along the Silk Road; the end of Alexander the Great's rule; the birthplace of the great Persian poet Rudaki; and the birthplace of the most famous Islamic philosopher Ibn Sina (Avicenna). 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, and Central Asian traditions.
However, 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 have a viable business proposition when they request a loan. Funds raised through Kiva have already been distributed to thousands of IMON International's clients and IMON 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