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Hotamqul is 42 years old, married, and the father of three children. He did not have the opportunity to get an education and has been involved in animal husbandry since his youth. When he was growing up, his family had financial difficulties, which is why he has only been raising livestock. Now that his children have grown, they also need to create their own families, and Hotamqul is trying hard to gather enough money for their dowries.

Hotamqul currently owns a few head of livestock, but he would like to buy a few more before the spring. Livestock prices will go up in the spring and if he does not purchase livestock before then, he will not be able to resell at a profit and therefore increase his capital.

Hotamqul is hoping to receive financial support from Kiva, as this is the only way to see his project materialize. He is very grateful that, thanks to an organization like Kiva, people who have financial difficulties are able to solve them and achieve their goals.

He plans to use his loan to buy some livestock and animal feed.
View original language description ↓
Хотамкул мужчина в возрасте 42 лет, он женат и имеет троих детей. Он занимается животноводством с юности так как в свое время не смог получить образования. У него с детства в семье были финансовые проблемы, поэтому он вынужден заниматься только животноводством. Его дети уже подросли и им необходимо обзаводиться своими семьями и Хотамкул старается копить денежные средства чтобы купить приданное.
Сейчас у него несколько голов скота и до весны он хочет купить еще несколько, так как весной скот подорожает и он сможет продать по дороже и соответственно таким образом увеличит свой капитал. Хотамкул очень надеется на финансовую поддержку от организации Кива, так как это единственное решение его планов. Он очень рад,что благодаря таким организациям как Кива люди имеющие финансовые проблемы могут решить их и осуществить свои планы.
На полученный кредит Хотамкул планирует купить скот и корм для скота.

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
  • 213
    View loans »
    Tajikistan Loans Fundraising
  • $29,723,700
    Funds lent in using Kiva
  • 4.8
    Tajikistan Somoni (TJS) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Hotamqul to purchase some livestock.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 24, 2013
Feb 3, 2013
Currency Exchange Loss:
Feb 17, 2014