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Malik
Malik was born in 1959. He is married and has six children. His wife is a homemaker, but helps her husband with the business. Malik shears goats and sells the wool. His wife and daughters-in-law shear Angora goats at the beginning of spring, then treat the wool and make yarn. They sell the yarn over the course of a year at the city markets. Malik also works as a handyman at a construction site. He has been partnering with us since 2010. He obtained his first loan in February to purchase goats and sheep. His sons work in Russia and send money home for living expenses. Malik's daughters-in-law also help with the livestock when he leaves to go to work. He is requesting this loan to purchase sheep and goats.
View original language description ↓
Малик 1959 года рождения, женат имеет 6 детей. Жена домохозяйка, но помогает мужу по бизнесу. Она стрижет коз и эту шерсть продает. В начале весны жена Малика и его невестки стригут ангорских коз, после обработки делают пряжу. В течении года они продают пряжу на рынках города. Сам Малик также работает разнорабочим на стройке. У нас сотрудничает с 2010 года. Первый кредит получил в феврале на покупку коз и овец. Также сыновья работают в России и высылают деньги на проживание. За скотом также ухаживают невестки, когда он уезжает на работу. Кредит получил на покупку баранов и коз.

Additional Information

About MDO Arvand

MDO Arvand is one of the leading microfinance institutions in Tajikistan, offering small loans to entrepreneurs to start and grow their businesses. This makes an enormous difference in a country, which is not only the poorest in Central Asia, but also home to a population where two-thirds live below the poverty line. Today, Tajikistan's economy literally depends on remittances being sent from family members working abroad in Russia because there are so few local job opportunities.

But Arvand loans have been able to make a difference and change lives. Read about some of the incredible success stories they have seen here in this Kiva blog post: Bringing hope to Tajikistan with Arvand -- one success story at a time.

About Tajikistan

  • $2,700
    Average annual income
  • 216
    View loans »
    Tajikistan Loans Fundraising
  • $29,723,700
    Funds lent in using Kiva
  • 4.8
    Tajikistan Somoni (TJS) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,475 helped Malik to purchase sheep and goats.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Dec 6, 2011
Listed
Jan 1, 2012
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2013