A loan of $3,000 helped to purchase cattle in order to expand his business.


Sherali's story

Married and the father of four children, Sherali was born on May 6, 1974. Coming from an area where cattle raising is popular, Sherali has been selling cattle since 2002. He buys them in his village from the farmers who raise them and then sells them at the markets. As his business capital is limited, he buys just a few and then after he sells those, he returns to buy more. Today Sherali would like to expand his business by increasing his capital, so that he can then maximize his profits. For this reason, he is requesting this first loan to purchase young cattle and fodder for them. This will be his first loan with IMON International, and his evaluation shows he is qualified to receive the loan. 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



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