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Nasriddin
Nasriddin is a middle age man and an energetic businessman. He owns a large business, a dairy processing factory. Nasriddin started his business 15 years ago as a young entrepreneur. Since he had a lot of experience in making dairy products he decided to start his own factory and began purchasing the necessary equipment. His own funds were not sufficient so Nasriddin took out a small loan. His business is doing well, and, despite some problems early on Nasriddin has learned all the small details of his trade and is a master at it now. Currently he has his own regular clients and sells dairy products to grocery stores and markets stalls. Nasriddin also employ several workers at his factory. He has a longstanding relationship with our organization and is always taking out loans. He has used these loans to improve his business and is planning to use the current loan to purchase building supplies for construction of an additional factory.
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Насриддин-мужчина средних лет,энергичный предприниматель,имеет своё большое дело.Он руководит цехом по производству кисло-молочных продуктов.Молодой предприниматель начал дело более 15ти лет назад.Так как он имел опыт работы в этом деле, он решил открыть собственный цех, закупил все необходимое оборудование для производства.Своих средств немного не хватало и он решил взять небольшой кредит.Его дела пошли в хорошую сторону, конечно не сразу, но постепенно он узнавая все тонкости ,он полностью вник в своё дело.Насриддин приобрел своих постоянных клиентов,реализовал свою продукцию в магазины и торговые точки.Сейчас он мастер своего дела и под его руководство уже работают несколько человек.В нашей организации он имеет большой стаж и непрерывно кредитуется.Наши кредиты он использовал на свой бизнес, а на текущий кредит хочет закупить строительные материалы для строительных работ на своем новом участке.

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
  • 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 $2,525 helped Nasriddin to pay for construction costs and supplies.
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 21, 2012
Listed
Jun 7, 2012
Currency Exchange Loss:
Covered
Expired:
Jul 7, 2012