A loan of $800 helped purchasing of young cattle.


Furkat's story

With three children and the responsibility of providing food for his family, M. Furkat has raised cattle and farmed for 5 years. He has been able to improve his family’s financial situation thanks to the excellent care that he has given his animals. Today Furkat finds himself in need of more calves to raise, to sell them when necessary, or when their sale will be most advantageous. Furkat is borrowing a loan from IMON International in order to obtain these animals and raise them so that in time they can be used to support his family.


Tajikistan

Tajikistan is known for its rich history, once serving as a key post along the Silk Road and marking the end of Alexander the Great's extensive 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 epic mountain passes, communities that still speak the ancient Sogdian language, and a civilization that dates back to the 4th millennium BC. Today, it is a complex mixture of the Islamic faith, Soviet influence, 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 International'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



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Loan details