A loan of $3,000 helped to purchase new items of jewelry for increasing her range of goods.

Mukaddas's story

A. Mukaddas is 32 years old and married with four children. For the last nine years, Mukaddas has been selling jewelry in the local market. She started her business having only $300 in turnover. Gradually her business expanded and, currently, Mukaddas has $3,000 of working capital.

Mukaddas sells jewelry of the oriental style. The national earrings, rings and bracelets are very beautiful and popular in Tajikistan. Any woman has at least one set of jewelry probably inherited from her grandmother. Mukaddas has lots of clients and her business is rather successful and generates a stable income for the family.

Today, Mukaddas requests $3,000. She is going to purchase new items of jewelry to increase her range of goods to sell. She thanks all for support and promises to pay the loan on time.

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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