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.
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.
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.