Firuz is a resident of the city of Dushanbe. He is 24 years old. He is not married. Firuz works in the government agency in the Republic of Tajikistan. He has been working in this field for four years now. Firuz wants to open a small cafe on the Kovron market together with his father where his father will be the administrator. He needs to receive a loan so that he and his father can start their business. Firuz is taking a loan to buy necessary equipment such as the appliance for making of shwarma.
Фируз житель города Душанбе. Ему 24 года. Он холост. Фируз работает в агентстве при правительстве Республики Таджикистан. Он уже четыре года работает в этой области. Фируз вместе с отцом хочет открыт небольшую закусочную на рынке Корвон, где его отец будет руководить всем. Для того чтобы он вместе с отцом смог начать свою деятельность ему необходимо получить кредит. Фируз берет кредит для приобретения необходимого оборудования (аппарата для приготовления шаурмы).
More information about this loan
This loan is part of Humo's startup loan program targeting particularly vulnerable clients who live at subsistence and do not qualify for the standard loan due to lack of income from an existing business. This program offers clients up to a 4-month grace period on the loan. By funding this loan, you are supporting borrowers who have limited options to start and grow small businesses. This has the potential to alleviate the effects of poverty, significantly improving borrowers' incomes and their families' quality of life.
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.