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Hasanboy
Hasanboy has been raising cattle since his youth. He is married and has 4 children. He raises cattle at home. Recently, he hosted a very jubilant wedding for his son. He incurred substantial expenses, and sold 2 cows to pay for the wedding. Now he wants to build a house for the newlyweds, as it is too crowded for the whole family to live together. Raising cattle is their only source of income, which is why Hasanboy plans to develop his business and use the profit to build a house for his son. He will use the loan to buy cattle to increase his herd, thereby expanding his business and enabling him to sell the fattened cattle in the spring for a good profit. He thanks Kiva in advance for the financial support and understanding.
View original language description ↓
Хасанбой с юности занимается откормом и разведением скота. Он женат и имеет четверых детей. Хасанбой занимается откормом скота у себя дома. Недавно он женил своего сына, сыграли очень веселую свадьбу. Были очень крупные расходы,он продал два скота,чтобы провести свадьбу. Теперь Хасанбой хочет построить дом для молодоженов так как всем вместе жить им очень тесно. Откорм скота это их единственный доход поэтому Хасанбой планирует развивать этот бизнес и на прибыль построить дом для сына.
На полученный кредит Хасанбой хочет купить скот и увеличить стадо. Таким образом он расширит свой бизнес и откормив до весны,продаст за хорошую прибыль. Он заранее благодарит организацию Кива за финансовую поддержку и понимание.

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

  • $1,388
    Average annual income
  • 286
    View loans »
    Tajikistan Loans Fundraising
  • $28,641,250
    Funds lent in using Kiva
  • 4.8
    Tajikistan Somoni (TJS) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Hasanboy to buy cattle.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jan 24, 2013
Listed
Feb 8, 2013
Currency Exchange Loss:
Covered
Ended:
Feb 17, 2014