A loan of $1,000 helped to expand a sheep business.

Abdusator's story

A. Abdusator is a 55-year-old married man who owns a small farm. He is a hardworking man who has fought to provide for his family and educate his children, who today are working adults, thanks to his example. Abdusator has been running a business raising and selling sheep. He has 16 years of experience in this field. Since sheep raising and selling is a profitable business, Abdusator has become a very successful businessman in a very short period. He works very hard and spends all his time with his animals, cleaning them, feeding them, and pasturing them. Now Abdusator wants to expand his business and buy more sheep. So for that he applied for a loan of 1,000 USD. Abdusator thanks all lenders for their support.

More about Tajikistan and IMON International

Tajikistan is perhaps best known for its rich history and diverse culture, which is a complex mixture of the Islamic faith, Soviet influence, New West culture, and Central Asian traditions. It served as a key post along the Silk Road and marked the end of Alexander the Great's extensive rule. It was the birthplace of the great Persian poet Rudaki and famous Islamic philosopher Ibn Sina. And it is home to epic mountain passes, communities that still speak the ancient Sogdian language, and a civilization that dates back to the 4th millennium BC.

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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