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Otabek is 38 years old, married, and has 2 children. His wife is a homemaker and stay-at-home mom. He earns a living by selling spare parts for cars. He has been in this line of business for 2 years now, and makes a good income from it. He carries spare parts for all makes of automobile. He has many clients, and he also knows how to fix cars and is able to make repairs. Otabek lives independently from his parents and does not expect any help from anyone, which is why he is trying to develop his business.
Otabek plans to use the loan he is seeking to stock up on car tires. There is currently big demand for tires, so he wants to buy some immediately. He thanks Kiva in advance for the financial support.
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Отабек мужчина в возрасте 38 лет, женат имеет двоих детей. Его жена домохозяйка занимается воспитанием детей. Его вид деятельности заключается в том,что он занимается торговлей запчастей от автомобиля. Этим бизнесом Отабек занимается уже два года. От этого бизнеса у него очень хороший доход. У него имеется автозапчасти всех видов марок авто. Клиентов очень много, сам тоже разбирается в ремонте автомобилей, и знает как устранить неисправность. Отабек живет отдельно от родителей и ждать помощи не от кого, поэтому старается развивать свой бизнес.
На запрашиваемый кредит Отабек планирует закупить шины для авто. Сейчас очень большой спрос на авто шин поэтому он хочет срочно купить. Отабек заранее благодарит организацию Кива за финансовую поддержку.

Additional Information

About MDO Arvand

MDO Arvand is one of the leading microfinance institutions in Tajikistan, offering small loans to entrepreneurs to start and grow their businesses. This makes an enormous difference in a country, which is not only the poorest in Central Asia, but also home to a population where two-thirds live below the poverty line. Today, Tajikistan's economy literally depends on remittances being sent from family members working abroad in Russia because there are so few local job opportunities.

But Arvand loans have been able to make a difference and change lives. Read about some of the incredible success stories they have seen here in this Kiva blog post: Bringing hope to Tajikistan with Arvand -- one success story at a time.

About Tajikistan

  • $2,700
    Average annual income
  • 237
    View loans »
    Tajikistan Loans Fundraising
  • $30,414,450
    Funds lent in using Kiva
  • 4.8
    Tajikistan Somoni (TJS) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Otabek to buy car tires.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 19, 2013
Feb 3, 2013
Currency Exchange Loss:
Nov 17, 2013