Funded

Total loan: $1,500
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Farogat

Tajikistan
Tajikistan / Clothing Sales

A loan of $1,500 helped to purchase shirts, trousers, and suits.


Farogat's story

Farogat is married and has one child. She sells men’s clothing at the central market. Farogat has been in this business for five years. She decided to start her business because she needed to provide for her growing family. Shirts and trousers are always in demand, so Farogat decided to sell them. She is a hard-working person and desires to develop her business even more. Farogat would like to receive a loan of 1,500 USD to purchase seasonal shirts, trousers, and suits for the coming season. She hopes that the loan will help her to increase her profits.

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: August 11, 2011
Facilitated by Field Partner: CSC MDO "IMON International"

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: August 11, 2011
Facilitated by Field Partner: CSC MDO "IMON International"