This Higher Education for Vulnerable Groups loan is a part of CSC MDO IMON's Higher Education loan program and is designed to finance students who want to attend university. It aims to provide an opportunity for lower income students in rural areas to obtain access to higher education.This loan is part of IMON's education program, designed to finance school tuition for students whose families have low incomes or work in informal sectors of the economy. Funds can be used for partial or complete payment of expenses related to higher education, and may be disbursed in multiple tranches in order to align with the seasonality of paying tuition fees. They can also pay back their loans over a longer period of time after they graduate. The interest rate is much lower than other comparable loan products on the Tajik market. By funding this loan, you are supporting a student’s dream to be educated.
About IMON International:
IMON International (IMON) is a micro-deposit organization in Tajikistan that provides entrepreneurs with access to high quality financial products and services, including business loans, agriculture loans, consumer loans and micro-leases. Aiming to alleviate poverty, the organization helps unbanked individuals establish businesses in different sectors, including manufacturing, agriculture and service. Kiva lenders' funds will help the organization to expand its outreach to even more entrepreneurs, farmers and traders in Tajikistan.