Murod lives in the J.Rumy region. He is 37 years old, married, and has three children. His son works in the Russian Federation. His wife is a seamstress. Murod wants to take out this loan to buy a sewing machine for his wife.
Мурод живет в районе Джалолиддин Руми. Он женат, имеет 3 детей. Ему 37 лет. Его сын работает в Российской Федерации. Его жена швея. Мурод хочет взять кредит для покупки швейной машинки для своей жены.
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.