A loan of $1,600 helped to expand cattle holdings.

Ahmadshekh's story

A. Ahmadshekh is a 34-year-old married man who lives with his wife and three children. Ahmadshekh works as an inspector of a government agency of social insurance and pensions. Since he earns little he also runs a business raising and selling cattle. He has 12 years of experience in this field.

Since cattle raising and selling is a profitable business, Ahmadshekh has become a very successful businessman. Ahmadshekh has a friendly family who always try to help each other. He works very hard and spends his weekend time with the cattle, cleaning, feeding and pasturing them. Now Ahmadshekh wants to expand his business and buy more cattle. So for that he applied for a loan of 7,000 Somoni. With your help Ahmadshekh can get ahead.

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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