A loan of $2,000 helped to purchase a woodworker.

Rasul's story

A. Rasul is 34 years old, married and has four school-aged children. Rasul is a manufacturer who produces wooden doors, windows, benches and cradles. His shop is located right in his house. Working in this business for 14 years, Rasul has become an experienced master and now he has students. Producing goods of a good quality and acceptable price means that Rasul has many customers. He sells his products from his house and also from a trading place located in the local market. In general, Rasul's business is very successful and generates a stable income for his family. Now Rasul is planning to purchase an additional woodworker that he needs to expand his business. For this purpose, he is requesting a loan of $2,000 USD.

More about Tajikistan

Tajikistan, a key post on the Silk Road, is perhaps best known for its rich history. It was the location for the end of Alexander the Great's rule, and is known for its great thinkers, philosophers, scientists and poets such as Rudaki, Ibn Sina (Avicenna), Firdousi, Omar Haiyam, Jomi, Mavlavi Rumi and many others. The country, with its epic mountain passes, is home to communities that still speak the ancient Sogdian language and a civilization that dates back to the fourth millennium BC. Even today, it is a complex mix of the Islamic faith, Soviet culture, New West culture and Central Asian traditions.

However, Tajikistan is also the poorest of the former Soviet republics. The civil war, which ignited soon after its independence from the USSR, damaged the already weak economy. In addition, 93 per cent of the country is mountainous and only 7 per cent of the land is arable. These conditions have resulted in high levels of unemployment and have forced hundreds of thousands of people 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.

More about IMON International

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