Check out other loans that are currently fundraising!
Abdulboqi
Abdulboqi lives in the J. Rumy neighborhood. He is 39 years old. He is married and is the father of six children. Abdulboqi has been a farmer for several years. Now he would like to start a new business and test himself in the livestock sphere. This is why he is taking out a loan for the purchase and resale of cattle. He will use the profits from the new business to expand it.
View original language description ↓
Абдулбоки житель района Дж.Руми. Ему 39 лет. Он женат и является отцом шестерых детей. Абдулбоки занимается растениеводством уже несколько лет. Однако теперь он хотел бы начать новый бизнес и попробовать себя в сфере животноводства. Поэтому он берет кредит для купли и продажи крупно-рогатого скота. Прибыль с нового бизнеса он использует для его расширения.

Additional Information

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.

About Tajikistan

  • $1,388
    Average annual income
  • 233
    View loans »
    Tajikistan Loans Fundraising
  • $27,741,625
    Funds lent in using Kiva
  • 4.8
    Tajikistan Somoni (TJS) = $1 USD

Success!! The loan was 100% repaid

A loan of $650 helped Abdulboqi to buy and resell cattle.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 18, 2013
Listed
Feb 6, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014