Islomjon lives in the town of Vahdat. He is 23 years old, married and lives with his wife. He wants to start his business at home. Islomjon is taking out the loan to buy large horned cattle. He plans to do animal husbandry. Right now Islomjon does not work anywhere. His parents are helping him out. Nevertheless, Islomjon wants to make money and provide for his family himself.
Исломчон проживает в городе Вахдат. Ему 23 года. Он женат. Исломчон живет с женой. Он хочет начать свою деятельность у себя дома. Исломчон берет кредит для закупа крупнорогатого скота. Он намерен заняться скотоводством. На сегодняшний день Исломчон не работает. Его родители помогают ему. Не смотря на это Исломчон хочет зарабатывать и обеспечивать свою семью сам.
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.