A loan of $2,975 helped purchase supplies of foodstuff in order to increase the variety of goods sold.

Yoshmatkhodja's story

P. Yoshmatkhodja is 52 years old. He is married with 6 children. Yoshmatkhodja sells foodstuff like macaroni, wheat, buckwheat, cottonseed oil, tea and many other products. The business is private. When Yoshmatkhodja started the business 15 years ago it was only retail sales. Gradually expanding the business he purchased larger supplies of goods and as a wholesaler, distributed it among the stores. The business became successful and stable. Currently Yoshmatkhodja requests a loan of 13000 Somoni. The loan will be spent purchasing foodstuff to increase the variety of goods sold. Yoshmatkhodja thanks all those supporting him and promises to repay the loan in a timely manner.

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

Loan details

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Loan details