A loan of $3,000 helped to buy new clothing in order to increase the range of goods.

Shamsudin's story

S. Shamsudin is an entrepreneur from Kumsangir, Southern Tajikistan. He runs a small business selling men’s clothing and shoes in one of the local markets. He started his business ten years ago. His business is characterized by stable expansion and profitability. Shamsudin is the only breadwinner in the family. He has to put much effort in this business to make it sustainable and profitable.

Shamsudin would like to receive a loan of $3000 to increase his inventory. Shamsudin has promptly repaid all loans from IMON International. We believe his integrity, responsibility and strong will can help him succeed and to repay the current loan without any problems.

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