Shodmondjon is 29 years old. He is married and is a father of two children. Shodmondjon's wife works in the village collective farm. Shodmondjon does land cultivation. However he is interested in animal husbandry. Shodmondjon plans to start buying and selling large horned cattle. He wants to get a good profit from this business and improve his living conditions. He is asking for a loan in the amount of 3,000 somoni to start his new business. Shodmondjon hopes to increase the headcount of cattle by using the profit from the loan and by that expand his new business.
Шодмонджону 29 лет. Он женат, отец двоих детей. Жена Шодмонджона работает в дехканском хозяйстве. Сам Шодмонджон занимается земледелием. Однако его интересует животноводческая деятельность. Шодмонджон намерен заниматься куплей и продажей крупно-рогатого скота. Он хочет получить хорошую прибыль с этой деятельности и улучшить условия проживания. Чтобы начать новый бизнес, он запрашивает кредит на сумму 3000 сомони. За счет прибыли Шодмонджон надеется увеличить поголовье скота и тем самым расширить новый бизнес.
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.