A loan of $1,725 helped increasing working capital with the purpose of development of business.

Mahina's story

Mahina is married and she is the loving mother of two children. She is an entrepreneur from Penjikent, Tajikistan, where she sells men’s clothing in one of the local markets. Mahina has been in this business for about four years.

The financial assistance of IMON International has helped her increase her assorted merchandise and expand considerably. Mahina has a reasonable pricing policy that attracts customers to her vending facility.

This coming spring season, she is planning to increase seasonal inventory, which is why she is requesting a loan of 7500 Somoni. Mahina is hoping to generate additional income and invest part of the profit in reconstruction of her old house, which needs to be repaired.

More about Tajikistan and IMON International

Tajikistan is known for its rich history, which includes being a key post along the Silk Road, and for 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

Lenders and lending teams

Loan details