A loan of $1,625 helped purchasing a cow for his dairy business.


Sattorkul's story

O. Sattorkul is a 52-year-old farmer, who lives with his wife and four children in the northern part of Tajikistan, in the Shahristan region. Sattorkul has four cows and has eight years of experience in raising cattle and selling dairy products to local traders. Milk products are in great demand in his village and Sattorkul’s orders for them are very high. But the milk his cows give is not enough for the traders so he decided to apply for 7000 Somoni to purchase an additional cow and fodder. Sattorkul is very grateful to everyone who is helping him to improve his living with this loan.

More about Tajikistan and IMON International

Tajikistan is known for its rich history, which includes being a key post along the Silk Road at 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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