Funded

Total loan: $700
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Ravshanjon

Tajikistan
Dushanbe, Tajikistan / Clothing Sales

A loan of $700 helped to purchase new men's shoes for resale.


Ravshanjon's story

Ravshanjon is a young clothing merchant from Dushanbe, Tajikistan. He started his small business when he was in his late twenties, and gradually, through much hard work, he has been able to develop it into quite a successful enterprise. Ravshanjon has the qualities it takes to succeed as an entrepreneur. Goal-oriented, hard-working and punctual, he is a natural businessman. He has requested 3000 Somoni to add to his available working capital. The ability to purchase large quantities of inventory in bulk saves time and expense for merchants such as Ravshanjon. He would like to buy a supply of men's shoes that will boost his inventory before the busy autumn season. Ravshanjon appreciates the availability of funding through IMON International. It allows him to take advantage of good opportunities and focus on growing his business so that he is able to adequately provide for himself and his family.

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: August 20, 2009
Facilitated by Field Partner: CSC MDO "IMON International"

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: August 20, 2009
Facilitated by Field Partner: CSC MDO "IMON International"