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Muhiddin
Muhiddin lives in the city of Vahdat. He is a 47 year old, married man. He has five children. Muhiddin is determined to open a private cafeteria. He is taking out a loan for rent and the purchase of furniture, dishes, food items.
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Мухиддин житель города Вахдат. Он 47 - летний женатый мужчина. У него пятеро детей. Мухиддин намерен открыть собственную столовую. Он берет кредит для приобретения в аренду помещения и покупки мебели, посуды, продуктов.

Additional Information

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.

About Tajikistan

  • $1,388
    Average annual income
  • 294
    View loans »
    Tajikistan Loans Fundraising
  • $28,682,075
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Muhiddin to rent a location and purchase furniture, dishes and food.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 8, 2012
Listed
Dec 2, 2012
Currency Exchange Loss:
N/A
Ended:
Apr 16, 2014