Hikmatullo is 27 years old. He lives with his wife and two children in the Yavan region. Hikmatullo is a very enterprising man. He has a higher economic education and he works in a bank. Now he wants to work raising cattle at the same time. He is interested in buying and selling livestock. With this goal in mind, he is asking for a loan to buy cattle with the goal of fattening them up and selling them. With the income that comes from his new business, Hikmatullo plans on increasing his head of livestock and making repairs to his home.
Хикматулло 27 лет. Он с женой и двумя детьми проживает в Яванском районе. Хикматулло очень предприимчивый человек. У него высшее экономическое образование, он работает в банке. Сейчас Хикматулло хочет одновременно заняться животноводческой деятельностью. Его интересует купля-продажа крупно-рогатого скота. С этой целью он запрашивает кредит для закупа скота с дальнейшим его откормом и продажей. За счет прибыли с новой деятельности Хикматулло планирует увеличить поголовье скота и сделать ремонт в доме.
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.