A loan of $800 helped to purchase cattle.

Yakub's story

Yakub S. is 51 years old. He is married and has 5 children. Yakub is a hard-working man who has fought to provide for his family and educate his children. Today his children are working adults thanks to his example. Only his younger son is still under his care. Yakub has great experience cattle breeding; he has worked with cattle since 1988. Over time, he has increased his sales. Now he needs assistance investing in his business. The business has been going well and he would like it to continue to grow. Yakub applied for a loan of $800 USD to buy young cattle. He and his family thank you very much for the support that you offer them in continuing this business and helping them give their children a better quality of life.

More about Tajikistan and IMON International
Tajikistan is perhaps best known for its rich history. Its history includes a key post along the Silk Road; the end of Alexander the Great's rule; and many famous great thinkers, philosophers, scientists and poets like 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, Western culture and Central Asian traditions.

However, 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

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Loan details