Funded

Total loan: $3,000
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Jumaboy

Tajikistan
Shahrituz, Tajikistan / Spare Parts

A loan of $3,000 helped purchasing household goods in order to increase the range of goods.


Jumaboy's story

Jumaboy is married with four children. He owns a business selling household goods. Jumaboy is full of ideas. He has rich experience working in this business. Moreover, he is very enthusiastic about his own small enterprise and has a good attitude. Jumaboy sets high goals and takes daily action to achieve them. He has been in this business for 10 years. Jumaboy would like to get a loan of $3,000 USD to increase his working capital. He believes financial assistance will support him in his endeavors. He is determined to work on his entrepreneurial dreams to make them a reality, understanding that real success and wealth take time. Jumaboy is hoping to generate more profit and provide for his children, who study in school now.

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:

20 months
Disbursed date: October 25, 2010
Facilitated by Field Partner: CSC MDO "IMON International"

Lenders and lending teams



Loan details

Loan length:

20 months
Disbursed date: October 25, 2010
Facilitated by Field Partner: CSC MDO "IMON International"