A loan of $2,250 helped to purchase cattle to expand his business.

Raufjon's story

Raufjon K. is 40 years old. He has 6 years of experience in the beef business. His wife is a housekeeper and Raufjon is the sole breadwinner in his family. Due to this way of life, this father works hard every day to support his family with the best quality of life he can afford. His butcher shop supplies large amounts of meat to the population that resides in their region. Raufjon buys cattle in the market and sells their fresh meat daily to his customers. Due to high demand, this man seeks a loan of 10,000 TJS to invest in more cattle so he can have enough product to meet his customers' demands.

More about Tajikistan and IMON International

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

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Loan details