A loan of $500 helped purchasing cattle for expanding the business.

Suvonkul's story

B. Suvonkul is 56 years old. He is married and has 5 children. Mr. Suvonkul was born in a simple rural family and has worked with livestock for 30 years. He is very experienced and has special skills in livestock care that help him to develop his business. He raises and sells livestock and sells meat and milk. Suvonkul is requesting a loan of $800 USD to enable him purchase a second dairy cow. The second cow will enable him increase the milk produced and will provide income security to the family when one of the cows is in-calf. The income will enable Suvonkul provide for his family, take good care of his cows and supply his neighbors with quality milk.

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 its 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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