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Abdurahim
Abdurahim is 54 years old and he is married with three children. He has a higher education and he worked as a soldier for 24 years. For the last four years, he has been a shopkeeper. Now he wants to start a new business, so he is asking for a loan to open up a grocery store. With the income from this business, he hopes to improve the financial situation of his family.
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Абдурахиму 54 года. Он женат и имеет троих детей. У Абдурахима высшее образование. Он работал военным 24 года. А последние 4 года он занимался торговлей. Сейчас Абдурахим хочет начать новый бизнес. Он запрашивает кредит для открытия продуктового магазина. За счет прибыли он хочет улучшить финансовое положение семьи.

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

  • $2,700
    Average annual income
  • 216
    View loans »
    Tajikistan Loans Fundraising
  • $29,723,700
    Funds lent in using Kiva
  • 4.8
    Tajikistan Somoni (TJS) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Abdurahim to open a grocery store.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 7, 2013
Listed
Feb 18, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014