Funded

Total loan: $1,500
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Abdufattoh

Tajikistan
Dj.Rasulov, Tajikistan / Animal Sales

A loan of $1,500 helped to purchase young cattle.


Abdufattoh's story

O. Abdufattoh is 25 years old. He has been running a drugstore for more than three years. He sells only certified medicines. The drugstore is located in the center of the town, which allows him to have many clients and customers. At the same time, Abdufattoh is engaged in a cattle-raising business together with his father. Currently he is asking for $1500 USD to purchase young cattle. Being a very accurate person by his nature, he is sure and would like to ensure the lenders that he is able to pay the loan on time without any violations. Your generosity can change his life.

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 fourth 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:

20 months
Repayment schedule: Irregularly
Disbursed date: May 12, 2010
Facilitated by Field Partner: CSC MDO "IMON International"

Lenders and lending teams



Loan details

Loan length:

20 months
Repayment schedule: Irregularly
Disbursed date: May 12, 2010
Facilitated by Field Partner: CSC MDO "IMON International"