Mastura K. is 31 years old. She has a secondary-level education. She is married and has 4 children. When she graduated from secondary school, her parents did not allow her to continue her education. So she got married. She was a housewife and looked after her children. For 10 years, her husband has gone to Russia to earn money. Mastura decided to start working and earning money by herself. She started her business in a market seven years ago. She sells women's dresses, women's handkerchiefs, morning dresses, pajamas, towels, bedcovers and slippers. Her business brought her a good income, and she started to change the range of goods. With the purpose of selling goods fast, she sells them with a low price so goods do not lay long on a counter. For the loan amount of $575 Mastura is going to buy school uniforms. This loan helps increase the range of school uniforms in the market before school starts and gives the opportunity to local habitants to obtain goods for low prices. Mastura is going to pay off the loan amount over 6 months.
About MLO Humo and Partners
MLO Humo and Partners is a microfinance institution in Tajikistan that aims to support vulnerable and underserved populations living in rural areas through financial and consulting services for small businesses. Kiva loans are used by groups and individual borrowers to start and grow businesses and build brighter futures for themselves, their families and their communities. This is especially important in Tajikistan, the poorest country in Central Asia, where more than two-thirds of the population lives below the poverty line.