Ravshan lives in the Shahrituz region of Tajikistan. He's 46 years old, married, and the father of four children. Ravshan works as a master repairman but now would like to try his hand in a different profession. He is interested in livestock since it is a profitable business that doesn't require much effort. With this goal, Ravshan is asking for a loan to start his business buying and selling cattle. He intends to buy bulls, fatten them up over a period of a few months, and then sell them at a premium.
Равшан проживает в районе Шахритус. Ему 46 лет. Он женат и отец четверых детей. Равшан работает мастером по ремонту домов. Однако сейчас он хотел бы попробовать себя в другой сфере. Ему интересна животноводческая деятельность, так как это прибыльное дело и не требует больших усилий. С этой целью Равшан запрашивает кредит для купли и продажи крупно-рогатого скота и тем самым начать свой новый бизнес. Он намерен покупать бычков, откармливать их несколько месяцев и затем продавать с наценкой.
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.