Funded

Total loan: $1,150
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Akbarkhuja


A loan of $1,150 helped to purchase cattle.


Akbarkhuja's story

Akbarkhuja O. is married and the father of three children, who are his responsibility. He has been dedicated to cattle farming for the past four years and has vast experience in the field, as it is the only business he is in.

This work is satisfying, and it enables Akbarkhuja to purchase goods for his home. He provides the markets with meat and his family with the necessary food.

Akbarkhuja wants to buy young cattle and needs money so he decided to apply for a loan of 5,000 TJS. He is counting on your help and expresses his gratitude for your generous heart.

More about Tajikistan and IMON International: Tajikistan is known for its rich history, which includes having been a key post along the Silk Road and having witnessed 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 epic mountain passes, a civilization that dates back to the 4th millennium BC, and communities that still speak the ancient Sogdian language. 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 lives 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
Repayment schedule: Irregularly
Disbursed date: January 7, 2011
Facilitated by Field Partner: CSC MDO "IMON International"

Lenders and lending teams



Loan details

Loan length:

14 months
Repayment schedule: Irregularly
Disbursed date: January 7, 2011
Facilitated by Field Partner: CSC MDO "IMON International"