Funded

Total loan: $3,000
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Islombek


A loan of $3,000 helped expanding his business in order to earn more money.


Islombek's story

K. Islombek is 33 years old and lives in Shahrituz. He is married and has 4 children. Islombek is the only breadwinner in the family and he is a hard-worker. For many years Islombek has managed his own café where he serves his clients and also takes orders for meal preparation without home delivery. Islombek is trying to have fresh foodstuff and tasty meals in his café and to ensure his clients have the possibility to eat, to have a rest and make their necessary purchases. Islombek wants to increase the number of his clients, so he decided to increase the size of his café. Now he needs $3000 USD to build a new roof on his café.

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:

14 months
Disbursed date: December 9, 2010
Facilitated by Field Partner: CSC MDO "IMON International"

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: December 9, 2010
Facilitated by Field Partner: CSC MDO "IMON International"