A loan of $1,575 helped to purchase more toys to increase his range of goods.

Abdugafur's story

M. Abdugafur is 44 years old. He is married and has a son.

Abdugafur sells toys for children. He rents a place for selling which is located in one of the local markets. He has been running his own small business for 15 years. Having only a couple competitors in the market he is doing well with his business.

Abdugafur always dreamed of owning his own small store and not having to depend on anyone else. He believes that someday his dream will come true and he will open his own store. Today he is requesting 6500 Somoni for the term of 9 months for purchasing new toys to increase his range of goods. Abdugafur thanks everyone for supporting him and promises to be accurate with the loan repayment.

More about Tajikistan and IMON International
Tajikistan is known for its rich history, which includes 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 B.C. 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

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