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Faizullo
Faizullo is an active young guy and a family man with two children. He and his wife Manzura were engaged in the same business, but as Manzura is raising their small child, she is not currently working. For almost 15 years Faizullo has been making kebabs (a traditional meat dish) and selling them ready-to-eat near the entrance to the local hospital, where he has his diner-like spot. It's a crowded place with many visitors, and Faizullo sells over 150 kebabs daily, while also serving fish and beer.

Faizullo first came to MDO Arvand, LLC six years ago, and since then has been taking loans continuously to expand his business. Every day Faizullo purchases raw ingredients at the market using his car. The vehicle has become worn out and requires daily expenditures, so Faizullo is planning to buy a new car as he cannot do without one. He has saved up some money on his own, and is requesting this loan to cover the balance.
View original language description ↓
Файзулло молодой активный парень,семейный и отец двоих детей. Занимался бизнесом с женой Манзурой в одном деле, но так как сейчас Манзура воспитывает маленького ребенка,она не выходит на работу. Почти 15 лет Файзулло изготавливает шашлыки (национальное мясное изделие) и в готовом виде продает их у входа областной больницы, где у него своё место, как столовая. Это многолюдное место, куда заходят много приезжих и посетителей и ежедневно он реализует более 150 палочек шашлыков и дополнительно продает рыбу и пиво. В нашу организацию пришел 6 лет назад и с тех пор непрерывно получает кредит на расширение своего бизнеса. Файзулло каждый день закупает сырьё из базара на своей автомашине и его машина очень износилась, требует много затрат каждый день,поэтому он планирует обновить свою машину, так как он не может обойтись без неё. Он накопил немного средств и недостающую часть запрашивает у нас в качестве кредита.

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

  • $1,388
    Average annual income
  • 207
    View loans »
    Tajikistan Loans Fundraising
  • $27,720,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Faizullo to buy a new car for his business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 16, 2012
Listed
Feb 21, 2012
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2012