Mirzorahmat is 37 years old. He lives with his family in the Qumsangir region. Mirzorahmat wants to begin a new business and chose the livestock sector. He is interested in buying and selling cattle. Due to a lack of funds, he has requested a loan to realize his goals. After fattening his cattle, Mirzorahmat will sell them at market for a premium. He will save the profits from his new endeavor to make repairs on his home and for the wedding dowry of his oldest daughter.
Мирзорахмату 37 лет. Он со своей семьей проживает в районе Кумсангир. Мирзорахмат хочет начать новый бизнес и выбрал область животноводства. Его интересует купля продажа скота. Из-за нехватки денежных средств он обратился за кредитом для реализации своей цели. Мирзорахмат после откорма скота будет продавать его на рынке с наценкой. Прибыль с новой деятельности он будет копить на ремонт своего дома и на свадебное приданое старшей дочери.
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.