Funded

Total loan: $1,350
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Davlatbi


A loan of $1,350 helped to buy cattle.


Davlatbi's story

J. Davlatbi is an extremely hardworking and energetic woman. She is married and the loving mother of six children. Her husband works in Russia, and only she engages in animal husbandry. She has been in the business for 17 years. She purchases cattle and feeds them for a certain period; then sells cattle in the market. She would like to get a loan of 6,000 somoni to purchase cattle and expand her business. She hopes that the lenders will support her in the business.

More about Tajikistan and IMON International: Tajikistan is perhaps best known for its epic mountain passes and rich history which includes its place as a key post along the Silk Road and events at the end of Alexander the Great's rule. It has produced famous thinkers, philosophers, scientists and poets, including Rudaki, Ibn Sina (Avicenna), Firdousi, Omar Haiyam, Jomi, Mavlavi Rumi and many others. The country is home to communities that still speak the ancient Sogdian language and a civilization that dates back to the 4th millennium BC. 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. A civil war, which ignited soon after its independence from the U.S.S.R., further damaged an 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 productivity and the 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 viable business prospects. 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
Disbursed date: April 18, 2011
Facilitated by Field Partner: CSC MDO "IMON International"

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: April 18, 2011
Facilitated by Field Partner: CSC MDO "IMON International"