A loan of $1,125 helped to buy seasonal fabrics.

Marguba's story

P. Marguba lives in Tursunzade, Tajikistan. She is married and has two children. Her husband is a driver. Marguba is an honest and hardworking woman. She began a business selling fabrics, and she has been in this business for 12 years. Four times a month she travels to Dushanbe to import fabrics from Korvon Market. Marguba would like to get a loan of 5,000 somoni for purchasing new fabrics. She thanks all lenders who support her.

More about Tajikistan and IMON International

Tajikistan is known for its rich history, as it served as a key post along the Silk Road and marked the end of Alexander the Great's extensive 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

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