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Davlatbek

Update on Davlatbek

Davlatbek is a resident of the J. Rumy district. He continues his business and requests this loan to buy bulls and calves.
View original language description ↓
Давлатбек житель района Дж. Руми. Он продолжает свою деятельность и берет кредит для закупа бычков и телят.

Previous Loan Details

Davlatbek E. lives in the J. Rumy district. He is 60 years old, married and has 11 children. His children are involved in agriculture. Davlatbek has a higher education. He graduated from an academy, i.e. top police school. He spent 20 years working in that field. Now the client is involved in… More from Davlatbek's previous loan »

Additional Information

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Tajikistan

  • $1,388
    Average annual income
  • 232
    View loans »
    Tajikistan Loans Fundraising
  • $27,741,625
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $3,000 helped Davlatbek to buy bulls and calves.
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 28, 2012
Listed
Apr 11, 2012
Currency Exchange Loss:
N/A
Expired:
May 11, 2012