Funded

Total loan: $1,500
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Chori

Tajikistan
Shahrituz, Tajikistan / Clothing Sales

A loan of $1,500 helped purchasing new clothing for resale.


Chori's story

Chori is a very hard-working and responsible entrepreneur. He is married and has 4 children. Chori works in the central city market selling kids' clothing together with the help of her wife (pictured). His business is characterized by stability and consistent growth. He has been working in the market for 4 years.

Once a month Chori travels to the neighboring city to purchase new goods. Chori likes to work for himself. His business has been the main source of income for his whole family. Today, Chori would like to ask for a loan of 6500 Somoni to purchase new clothing for resale. We believe Chori’s drive for success will help this entrepreneur succeed and thrive in business. You can be an important part of the growth of Chori’s business.

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 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

Loan length:

14 months
Disbursed date: July 10, 2009
Facilitated by Field Partner: CSC MDO "IMON International"

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: July 10, 2009
Facilitated by Field Partner: CSC MDO "IMON International"