A loan of $1,600 helped to acquire capital for purchasing cattle.

Jamshed's story

Jamshed N. was born in 1970 in Dushanbe, Tajikistan. He is married and supports his wife and four children.

A livestock breeder for five years, Jamshed is very dynamic, serious, and entrepreneurial. He is proposing to expand his herd and repair his enclosure so as to meet the needs of a rather large clientele from his village and the surrounding neighborhood. Some buyers come from more than twenty kilometers from his village.

With this goal in mind, Jamshed is requesting a loan that will serve as business capital. The profit he will make from this business will allow him to improve living conditions for his household and also make some investments.

About Tajikistan:

Tajikistan is known for its rich place in history, which includes a key post along the Silk Road and the farthest reach 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. 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 its 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 their agricultural production and manufacturing sector, nearly two-thirds of the population still live in abject poverty.

About IMON International:

Since December 2007, IMON International has worked closely with Kiva and Kiva lenders to ensure that poor and low-income clients have access to reasonable financial services. 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