A loan of $1,500 helped to purchase new retail goods.

Ikhtiyor's story

R. Ikhtiyor is a family man who wishes to increase his business to be able to better support his family and offer them a better quality of life. Eight years ago, Ikhtiyor started by selling blankets and counterpanes (bedspreads). His business has grown little by little and now offers greater variety and fashions. Today, Ikhtiyor has been working with Kiva partner IMON International for more than three years and feels very satisfied with the support offered to him because it has allowed him to increase his business, satisfy the needs of his customers and support his family. Ikhtiyor is asking to borrow $1,500 USD in order to purchase new goods. He wants to develop his business and increase his income to save money and create a better life for 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. Today, it is a complex mixture of the Islamic faith, Soviet culture, New West culture and Central Asian traditions.

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 an 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 agricultural production and the manufacturing sector, nearly two-thirds of the population still lives 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

Lenders and lending teams

Loan details