A loan of $2,700 helped to buy spare auto parts.

Ahliddin's story

Ahliddin, age 29, is a hard-working and talented man. He sells spare parts and car accumulators in his store. He learned this business with the help of his mother because she worked in this business as well. He started in this kind of business 15 years ago with working capital in the amount of 5,000 Somoni. Today he is the owner of his business. He and his wife have three children and live in Tursunzade, Tajikistan.

Ahliddin would like to request a loan of 12,000 Somoni so he can purchase spare auto parts and to expand his business.

More about Tajikistan and IMON International

Tajikistan is known for its rich history, which includes being a key post along the Silk Road and the location of 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, is home to epic mountain passes, and represents a civilization that dates back to the fourth millennium B.C. 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 percent of the country is mountainous and only 7 percent 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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