Boymurod S. is 40 years old, he has secondary education. After school he worked as a driver in an auto park. For four years he is making business, he sells vegetable and fruits in a market (potatoes, tomatoes, pepper, onion, carrot, brinjal, apple, pears, and grapes). He has a car which is appropriate for goods carrying so it is helping for his business. He buys vegetables and fruits straightly from fields at wholesale and sells them to sellers in a market. For the loan amount he is going to buy vegetable and fruits and increase the turnover. This loan helps to local habitant obtain vegetable and fruits cheaper not far from their home. Client is going to pay off the loan amount for 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.