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Bunyod
Bunyod lives in the Yavan district. He is 25 years old, married, and has a high school education.

For a few months already, he has been thinking of starting his own business and of working as a taxi driver. In order to start working in this field, he needs to buy a car. When Bunyod contacted MLO Humo and Partners, he realized that he could receive a loan with a very low interest rate, so he decided to apply for a loan and start his own business.

Bunyod is taking a loan to purchase a car, so that he can start working.
View original language description ↓
Бунёд проживает в Яванском районе. Он женатый молодой человек. Ему 25 лет. Бунёд имеет среднее образование. Он уже несколько месяцев хочет заняться своим делом, работать таксистом. Чтобы начать работу ему необходимо купить автомашину. Как только Бунёд обратился в МКО "Хумо и Партнёры", и узнал, что может получить кредит по очень низким процентам он захотел получить кредит, и начать совою деятельность.
Бунёд берет кредит для приобретения автомашины.

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
  • 292
    View loans »
    Tajikistan Loans Fundraising
  • $28,631,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Bunyod to buy a car.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 13, 2012
Listed
Dec 18, 2012
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2013