Funded

Total loan: $1,550
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Mahmud


A loan of $1,550 helped to purchase spare parts to repair his taxi.


Mahmud's story

Mahmud is 50 years old. He is married and has 4 children. Mahmud's goals are to grow in his personal life and develop his business. His wish is to offer better service to his customers. His dream is that God continues to provide him with life to get ahead and fulfill his goals.

Mahmud is a taxi driver who travels through the streets of Istaravshan, Tajikistan, in search of customers. He has owned his business for 17 years. Currently Mahmud’s car needs some repairs, so he would like to borrow 7000 Tajikistani somoni (TJS). The financing will go towards fixing his car and purchasing tires. Mahmud thanks Kiva and all the lenders who make this help possible.

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



Loan details

Loan length:

14 months
Disbursed date: June 2, 2011
Facilitated by Field Partner: CSC MDO "IMON International"

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: June 2, 2011
Facilitated by Field Partner: CSC MDO "IMON International"