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Ulugbek
Ulugbek is a young man. He is a very hardworking and kind person. Ulugbek is not married, but he helps his parents. For family reasons, he was unable to study and now has to deal only with animal husbandry. Ulugbek feeds the cattle at home. He is also involved in buying and selling. He has been engaged in this activity for more than five years. Ulugbek's household has seven head of cattle. It is their only income and for him, this business is very important. Ulugbek tries to grow his business and on receiving the loan, plans to buy cattle. He thanks Arvand in advance for the financial support.
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Улугбек молодой парень . Он очень трудолюбивый и добрый человек. Улугбек не женат, но он помогает своим родителям. По семейным обстоятельствам он не смог учиться и теперь вынужден заниматься только животноводством. Улугбек откармливает скот дома. Куплей продажей занимается тоже сам. Этим видом деятельности он занимается более пяти лет. Дома Улугбек имеет 7-голов крупно рогатого скота . Это их единственный доход и для него этот бизнес очень важен. Улугбек старается развивать свой бизнес и на полученный кредит планирует купить крупно рогатый скот. Он заранее благодарит Арванд за финансовую 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

  • $1,388
    Average annual income
  • 280
    View loans »
    Tajikistan Loans Fundraising
  • $28,619,375
    Funds lent in using Kiva
  • 4.8
    Tajikistan Somoni (TJS) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Ulugbek to buy cattle.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 2, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Covered
Ended:
Nov 17, 2013