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Abduhamid
Abduhamid is a good family man and entrepreneur. He is married and raising three children. Abduhamid has been involved in buying and selling livestock feed for four years. He obtained his first loan in 2010 to increase goods turnover. Since then, he expanded his merchandise selection with the help of that loan. He previously only sold feed and dried grass for livestock and now added oil-cake. He travels to the city and various regions for merchandise every time using his passenger car, but needs a large truck in order to deliver a large inventory of goods. Abduhamid wants to use this loan to buy a "Porter" car and, thanks to the financial support, would be able to bring in more goods in one trip and make more profit.
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Абдухамид хороший семьянин и предприниматель, он женат и воспитывает 3 детей. Абдухамид в течении 4 лет занимается купля продажей корма для скота. Первый кредит получил в 2010 году, для увеличения товарооборота. В настоящее время от получившего кредита он разнообразил свой товар. Раньше он продавал только корм и сухую траву для скота, также добавил жмых. Он каждый раз за товаром ездит в город и в разные регионы на своем легковом автомобиле, но что бы привезти большой запас товара ему необходима большой грузовик. Для этого на полученный кредит он хочет купить машину марки "Портер",и благодаря финансовой поддержке он сможет за один рейс привезти больше товара и получить больше прибыли.

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
  • 186
    View loans »
    Tajikistan Loans Fundraising
  • $29,365,550
    Funds lent in using Kiva
  • 4.8
    Tajikistan Somoni (TJS) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,100 helped Abduhamid to buy a truck.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 5, 2012
Listed
Aug 1, 2012
Currency Exchange Loss:
Covered
Ended:
Feb 17, 2014