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Tolib
Tolib is a young man, who sells food items and vegetables at a market. He's married and has two daughters. Tolib's wife works as a janitor at a market.

Tolib learnt about an opportunity to obtain financing from his neighbors, and has decided to increase his turnover by purchasing through wholesale carrots and potatoes, and winter apples. Tolib is a very cheerful man, his elder daughter also helps him with the business, and replaces him during his absence. This business is the only source of income for his family, and that's why Tolib is trying to grow the business further. He is very grateful to Arvand for the help and support.
View original language description ↓
Толиб молодой человек,который торгует на рынке продуктами питания и овощами. Он женат имеет двоих дочек. Его жена работает дворником на рынке. Толиб узнав от соседей о возможности кредитования, решил в кредит увеличить свой товарооборот и завезти оптом морковь и картошку,а также зимние яблоки. Толиб очень жизнерадостный мужчина, ему по бизнесу помогает его старшая дочь, которая замещает его в дни его отсутствия. Этот бизнес единственный, который дает доход, поэтому Толиб старается развивать его. Он очень благодарен Арванд за помощь и 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
  • 287
    View loans »
    Tajikistan Loans Fundraising
  • $28,631,950
    Funds lent in using Kiva
  • 4.8
    Tajikistan Somoni (TJS) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Tolib to buy fruits.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 16, 2012
Listed
Dec 9, 2012
Currency Exchange Loss:
Covered
Ended:
Dec 17, 2013