A loan of $1,500 helped expand grocery store inventory.


Mahmud's story

R. Mahmud is 36 years old. He is married with two children. He is a small entrepreneur who sells different kinds of foodstuffs like: cookies, candies, soft drinks, juices, macaroni, detergents and many others in his grocery store which he built 4 years ago. Today Mahmud is requesting a loan of $1500 US to increase his stock.

He is ready to work even harder, make sacrifices and push every once and awhile to achieve his goal and become a successful entrepreneur. One of his dreams is that his children progress by means of their studies, for which he is doing his best. We believe his perseverance and clear vision will become key success factors in his small business.

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



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