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Habibullo
Habibullo, age 26, is a resident of the Varzob district. He is married and has two children. His wife is a dressmaker and she works from home, sewing traditional Tajik outfits. Although Habibullo has a degree in economics, he does not work in this field.

Many residents of the Varzob district provide (taxi) services because of a lack of public transportation. Habibullo is taking a loan to purchase a car, which he is currently renting. Habibullo wants to buy a car and start a business using his own private automobile.

He plans to transport passengers between Varzob and Dushanbe, because there is no public transportation along this route. He wants to provide his services to the population of the city and the surrounding district.
View original language description ↓
Хабибулло житель Варзобского района. Ему 26 лет. Он женат. У него двое детей. Жена Хабибулло портниха, она дома занимается шитьем национальных платьев. Хабибулло имеет высшее экономическое образование, но он не работает по профессии. Так как многие жители района предоставляют услугу (работают таксистами), из-за отсутствия общественного транспорта.
Хабибулло берет кредит для приобретения автомашины, которую он арендует. Он хочет купить машину и начать свою деятельность на своем частном автомобиле. Хабибулло намерен развозит пассажиров по маршруту Варзоб-Душанбе. Так как по этому маршруту нет общественного транспорта. Хабибулло хочет предоставлять услугу населению города и района.

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
  • 281
    View loans »
    Tajikistan Loans Fundraising
  • $28,697,975
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,950 helped Habibullo to buy an automobile.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 14, 2013
Listed
Jan 23, 2013
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2014