Funded

Total loan: $700
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Valentina

Tajikistan
Shahrituz, Tajikistan / Food Market

A loan of $700 helped purchasing confectionery items for enlarging her range of goods to sell.


Valentina's story

R. Valentina is 58 years old. She is married with four children. She started her own business seven years ago because her husband at that time was unemployed. Valentina sells confectionery items like candies, cookies and pastries in the local market. The generated income allows Valentina to support her family. Valentina dreams all of her children will complete higher education.

Today she requests 3000 Somoni for purchasing confectionery items to enlarge her range of goods to sell. Valentina plans to spend her income on the well-being of her family as well as educating her children.

More about Tajikistan and IMON International

Tajikistan is known for its rich history, which includes a being 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 9, 2009
Facilitated by Field Partner: CSC MDO "IMON International"

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: July 9, 2009
Facilitated by Field Partner: CSC MDO "IMON International"