Funded

Total loan: $2,975
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Abdurahim

Tajikistan
Isfara, Tajikistan / Home Products Sales

A loan of $2,975 helped to purchase more goods, increasing the assortment of goods for sale.


Abdurahim's story

Abdurahim has a little business selling detergent goods and perfumes at the central market in Isfara, Tajikistan. An experienced entrepreneur, he has been selling for 10 years and has been successful offering good quality products for low prices. Abdurahim supports his family of five with his venture. He has requested a loan of 13,000 somoni so that he can purchase new inventory to stock his kiosks. This is Abdurahim's first loan with IMON International. The loan will greatly improve Abdurahim’s income and his family's living standards.

More about Tajikistan and IMON International

Tajikistan is perhaps best known for its rich history and diverse culture, which is a complex mixture of the Islamic faith, Soviet influence, New West culture, and Central Asian traditions. It served as a key post along the Silk Road and marked the end of Alexander the Great's extensive rule. It was the birthplace of the great Persian poet Rudaki and famous Islamic philosopher Ibn Sina. And it is home to epic mountain passes, communities that still speak the ancient Sogdian language, and a civilization that dates back to the 4th millennium BC.

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:

12 months
Disbursed date: February 4, 2011
Facilitated by Field Partner: CSC MDO "IMON International"

Lenders and lending teams



Loan details

Loan length:

12 months
Disbursed date: February 4, 2011
Facilitated by Field Partner: CSC MDO "IMON International"