A loan of $1,000 helped purchasing cattle to expand the business.

Sherali's story

H. Sherali is a 40-year-old married man who lives with his two children and wife and owns a cattle-breeding business. Sherali has nine years of experience in this field. Since cattle raising and selling is a profitable business, Sherali has become a very successful businessman. Sherali has a friendly family who are always try to help each other. Thus with the cattle-raising business, his wife and son help him.

He works very hard and spends his weekend time with the cattle, cleaning, feeding and pasturing them. Now Sherali wants to expand his business and buy more cattle. So Sherali applied for a loan of $1,000. He promises to repay the loan within nine months and thanks all lenders for their support. With your help Sherali can get ahead.

More about Tajikistan and IMON International

Tajikistan is known for its rich history, which includes being 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

Loan details

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Loan details