A loan of $3,000 helped purchasing flour to increase the stock of goods for selling.

Mirzorahim's story

Mirzorahim is a businessman from the Pyandj district, where he lives with his wife and six children. He sells mainly flour and also ice cream and soft drinks in the market. Mirzorahim can boast of high sales because his merchandise is regularly restocked and characterized by good quality.

Presently, he is making about $500 each month. Mirzorahim is very honest and polite with both his suppliers and his customers. It has helped him to gain a reputation as a trustworthy and friendly vendor and to build a solid client base.

Mirzorahim is applying for a loan of $3,000 to restock his merchandise for the busy spring season and hopefully generate additional profit. This will be his first loan with IMON international and Kiva, and his evaluation shows he is qualified to receive the loan.

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

Lenders and lending teams

Loan details