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Aliboy is one of the most successful clients of our organization and has been working with us since 2006. He is married and has three children. At the onset of his credit history, he obtained a loan in the amount of 300 somoni, which he used to buy one bag of rice and gradually increased his product turnover to 7000 somoni. He buys rice from dekhan farmers, who deliver several bags of rice to him at a wholesale price. He sells the rice during the course of two weeks and then buys new product again. Currently, Aliboy has about 800 kilograms of rice, which is in high demand among the residents because the Tajik people love the national plov dish.
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Алибой- один из успешных клиентов организации, который кредитуется с 2006 года. Женат имеет троих детей. В самом начале своей кредитной истории он получал сумму кредита 300 сомони, на которую он покупал один мешок риса и постепенно увеличил свой товарооборот до 7000 сомони. Он покупает рис у дехкан, которые привозят ему по оптовой цене, несколько мешков риса, которые он продаёт в течении двух недель и опять покупает новый товар. В данный момент у него около 800 кг риса, который пользуется большим спросом у населения, ведь таджикский народ любитель национального плова.

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
  • 188
    View loans »
    Tajikistan Loans Fundraising
  • $30,382,675
    Funds lent in using Kiva
  • 4.8
    Tajikistan Somoni (TJS) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,475 helped Aliboy to purchase an inventory of rice.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Feb 5, 2012
Feb 24, 2012
Currency Exchange Loss:
Nov 15, 2012