Rustam lives in the Rudaki region of Tajikistan. He is 43 years old, married, and has seven children. His son has left to find employment abroad, while his wife works as a nurse in the regional clinic. Rustam has vocational secondary education as a professional driver. He also cultivates crops, and plans to continue farming as he begins working as a taxi driver.
Rustam is taking this loan to purchase a vehicle in order to start his own taxi business and improve his family's financial situation. He would like to offer transport services along the Rudaki-Dushanbe route.
Рустам житель района Рудаки. Ему 43 года. Он женат. У него семеро детей. Его сын находится на заработках за рубежом. Жена Рустама работает медсестрой в районной поликлинике. Рустам имеет средне - специальное образование. По специальности он шафер.
Рустам занимается растениеводством. Он намерен совмещать работу таксистом и растениеводство. Он берет кредит для приобретения автомашины, чтобы начать свою деятельность и улучшить финансовое положение в семье. Рустам хочет предоставлять услугу, такси по маршруту Рудаки-Душанбе.
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.