I. Abdumanon is 48 years old. He is married and has two children. Abdumanon is an entrepreneur who sells different kinds of foodstuffs, including sweets, soft drinks, and juice, in the grocery store which he rents. Abdumanon is not alone in this business - his entire family actively helps him with the sales. Abdumanon has already previously received financial help through IMON. The financial assistance he has received has helped him expand his business. Currently, Abdumanon has about US$1,000 in inventory, while his gross income is about US$900 and his monthly net profit is about US$300. Abdumanon, however, needs a loan of US$1,075 for a term of 8 months to be able to increase the stock of goods in his store. He is ready to work hard and make sacrifices to become an even more successful entrepreneur. Abdumanon's perseverance and clear vision, too, will help him succeed in his small business.
About IMON International
IMON International (IMON) is a micro-deposit organization in Tajikistan that provides entrepreneurs with access to high quality financial products and services, including business loans, agriculture loans, consumer loans and micro-leases. Aiming to alleviate poverty, the organization helps unbanked individuals establish businesses in different sectors, including manufacturing, agriculture and service. Kiva lenders’ funds will help the organization to expand its outreach to even more entrepreneurs, farmers and traders in Tajikistan.