Otabek lives in the Shahrituz region. He is 33 years old, married, and has 3 children. His wife is a homemaker. Otabek completed medical school and is a doctor. He now wants to get involved in animal husbandry, and has done the necessary setup to start this business. He is seeking a loan to buy cattle and cattle feed for them.
Отабек житель района Шахритус. Ему 33 года. Он женат. У него трое детей. Жена Отабека домохозяйка. Отабек имеет высшее медицинское образование, он врач. На сегодняшний день он хочет заняться животноводством. Отабек создал необходимые условия для того, чтобы начать свою деятельность. Он берет кредит для закупа крупнорогатого скота и корма для них.
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.