A loan of $875 helped purchasing spare parts for a thorough repair of his car.

Erkinjon's story

Erkinjon offers taxi services in Isfara, Tajikistan. He has been working in this sphere of business for 4 years. Erkinjon admits he has benefited a lot from the financial assistance he has received from IMON International, Tajikistan. Currently, his business has grown to the point where he takes in 15 – 20 $ per day.

Erkinjon is hoping to buy a better and trendier vehicle in the future to offer more high-class services to his clients. Now his car needs thorough repairs for which he is requesting a loan. Erkinjon thinks that this loan will help him move closer to the fulfillment of his plans, as due to repairing his car, he will increase his clientele. Some day when Erkinjon saves enough, he is hoping to buy a newer but affordable vehicle.

More about Tajikistan and IMON International

Tajikistan is perhaps best known for its rich history, which includes a key post along the Silk Road; the end of Alexander the Great's rule; and with it’s famous great thinkers, philosophers, scientists and poets as: Rudaki, Ibn Sina (Avicenna), Firdousi, Omar Haiyam, Jomi, Mavlavi Rumi and many others. 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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