A loan of $1,200 helped to buy more apricots to expand his business.

Abdumanof's story

I. Abdumanof is married and has a little son. With the faith that his son would go to school, he started a business of processing and selling dried apricots to be able to make enough money to pay for his son’s schooling. This is why he started this business eight years ago. He is experienced in this kind of business and that allows him to expand his clientele day by day.

Right now, Abdumanof needs a loan of $1,200 USD. He is going to spend the loan on purchasing apricots to further process them for sale. With your help, Abdumanof will be able to feel proud that, through much effort, his son went to school and became an honorable person.

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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