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Khoja

Update on Khoja

Khoja continues his business activities. Together with his son, he runs a shop that presently sells assorted merchandise. He is taking this loan to stock up on food products and household goods.
View original language description ↓
Хоча продолжает свою деятельность. Он вместе с сыном занимается торговлей в магазине. Сейчас у него магазин со смешанным ассортиментом товаров. Он берет кредит для покупки продуктов и приобретения хозяйственных товаров.

Previous Loan Details

Khoja lives in the Yavan region. 48 years of age. Married, with five children. His wife is a homemaker. His eldest son is a migrant worker in Russia. Khoja is in retail business. He has a store in which he sells groceries. He is taking out a loan to buy groceries and beverages. More from Khoja'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

  • $2,700
    Average annual income
  • 207
    View loans »
    Tajikistan Loans Fundraising
  • $29,700,275
    Funds lent in using Kiva
  • 4.8
    Tajikistan Somoni (TJS) = $1 USD
Expired
A loan of $1,700 helped Khoja to buy food products and household goods.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 3, 2012
Listed
May 28, 2012
Currency Exchange Loss:
Possible
Expired:
Jun 27, 2012