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Abdusattor
Abdusattor lives in the Spitamen district. He is 45 years old, married and has four children. Many people in the district know him because he cooks delicious national dishes. This is why, in search of a source of income, he opened a cafe across from a market in 2005 and now has many regular customers. His sons and wife help him with the business, and he used his earnings to build and repair a house and also bought a car. Besides this business, he grows agricultural crops. Abdusattor wants to expand his business and plans to purchase ice-cream-making equipment and several bags of rice and also butter. This is why he came to our organization to request a loan and relies on our support.
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Абдусаттор проживает в районе Спитамен.Ему 45 лет,женат и у него 4 детей.В районе его знают многие потому что он вкусно готовит наши национальные блюда.Поэтому в 2005 году в поисках источника дохода он открыл столовую напротив рынка и у него много постоянных клиентов.Ему помогают его сыновья и жена а на полученные доходы он построил дом и отремонтировал а также купил автомашину.Кроме этого бизнеса он выращивает сельскохозяйственные культуры. Абдусаттор хочет расширить свой бизнес и планирует купить аппарат по производству мороженного и несколько мешков риса а так же масло.Поэтому он обратился в нашу организацию с целью получения кредита и надеется на нашу поддержку.

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
  • 206
    View loans »
    Tajikistan Loans Fundraising
  • $29,704,375
    Funds lent in using Kiva
  • 4.8
    Tajikistan Somoni (TJS) = $1 USD
Expired
A loan of $2,100 helped Abdusattor to purchase ice-cream-making equipment and several bags of rice and also butter.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 29, 2012
Listed
Aug 10, 2012
Currency Exchange Loss:
Covered
Expired:
Sep 9, 2012