A loan of $1,725 helped purchasing new goods for increasing stock.

Shafoat's story

Shafoat B. is a married mother of four children. She sells kid’s clothing in the central market of Istaravshan. She has a wide variety of merchandise combined with reasonable prices. Shafoat has been in this trade for 16 years.

She is trying to do everything she can to provide for her family and give her children a decent education. That is why she wants to continue expanding her business and growing her trade by increasing the number of her vending locations. Shafoat is requesting a loan of 7500 Somoni to sustain her business and help ensure it continues to provide enough income to live on.

More about Tajikistan and IMON International
Tajikistan is known for its rich history, which includes being a key post along the Silk Road, and for 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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Loan details