A loan of $2,750 helped to purchasing more cattle in order to expand his business.


Hasan's story

K. Hasan is a 47-year-old married man who owns a small farm. He is a hard-working man who has fought to provide for his family and educate his children, who today are working adults thanks to his example.

Hasan runs a business raising and selling cattle and has ten years of experience in this field. Since cattle raising and selling is a profitable business, he has become a very successful businessman in a very short period. He works very hard and spends all his time with his animals cleaning, feeding and pasturing them.

Now, Hasan wants to expand his business and buy more cattle, so he applied for a loan of 12,000 Somoni. He thanks all lenders for their support.


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 B.C. 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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Loan details