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Shavkat is a 48 year-old man. He is a singer. Shavkat is married and has four children. He has been involved in providing this type of service for over 20 years. He sings at weddings and various events. He has a group. His wife is a homemaker. Because Shavkat has many bookings and his equipment has aged, he wants to use this loan to buy new instruments for continued work. Shavkat has been obtaining financing from our organization since 2011. He is very glad that such organizations exist that provide opportunities for middle classes to improve their quality of living.
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Шавкат мужчина в возрасте 48 лет.Он певец. Шавкат женат и имеет четверых детей. Более 20 лет клиент занимается этим видом услуги.Он поет на свадьбах и на разных мероприятиях.У него имеется группа. Его жена домохозяйка. Так как у него много заказов и его оборудование устарело, на приобретенный кредит он хочет купить новое, для дальнейшей работы. Шавкат кредитуется с 2011 года в нашей организации.Он очень рад что существуют такие организации которые дают возможность средним слоям населения улучшить свои условия жизни.

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
  • 198
    View loans »
    Tajikistan Loans Fundraising
  • $29,692,225
    Funds lent in using Kiva
  • 4.8
    Tajikistan Somoni (TJS) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Shavkat to buy new musical instruments.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 12, 2012
Apr 15, 2012
Currency Exchange Loss:
May 17, 2013