Funded

Total loan: $1,500
Powered by 55 lenders

Yahyojon

Tajikistan
Khujand, Tajikistan / Livestock

A loan of $1,500 helped to purchase cattle in order to expand the business.


Yahyojon's story

Yahyojon O. is in the livestock business. He breeds livestock, which provides sustenance for his humble home. Yahyojon is a young married man and has one child. It is important to note that since he started his business, he has acquired an abundance of experience due to his great dedication and the knowledge he has acquired breeding his animals. The reason why Yahyojon looks for support from IMON International is that he needs to purchase livestock so he may sell it and in that way, continue with his arduous work with cattle in his sector.

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

Loan length:

8 months
Repayment schedule: Irregularly
Disbursed date: July 15, 2010
Facilitated by Field Partner: CSC MDO "IMON International"

Lenders and lending teams



Loan details

Loan length:

8 months
Repayment schedule: Irregularly
Disbursed date: July 15, 2010
Facilitated by Field Partner: CSC MDO "IMON International"