Abdurahmon is 61 years old. He is married and has four children. Abdurahmon owns a farm where his son works. Abdurahmon would like to start raising livestock. He is asking for a loan of 1500 dollars for the purchase and resale of large horned livestock. Abdurahmon would like to succeed in his new business and use the profits for his son's wedding.
Абдурахмону 61 год. Он женат и имеет четверо детей. Абдурахмон владеет дехканским хозяйством, где работает его сын. Сам Абдурахмон хочет заняться животноводческой деятельностью. Он запрашивает кредит на сумму 1500 долларов для купли и продажи крупно-рогатого скота. Абдурахмон хочет преуспеть в новом бизнесе и за счет его прибыли устроить свадьбу сына.
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.