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Latifjon
Latifjon is a 37 year old man, he is married and has 3 children. He raises livestock. Latifjon has been in this business since almost his childhood. His parents also worked in this trade. He knows all the advantages of this business. His wife and daughters-in-law shear the sheep and goats every 6 months, in the summer and fall they sell yarn. One of the daughters-in-law brings the yarn to the city for sale, she has regular customers there. Latifjon has been a borrower of Arvand since 2004, he is a very punctual and responsible person.

This year Latifjon plans to increase his livestock count, because he has more customers for his wool. He plans to use this loan for the purchase of several goats and sheep, planning to double his livestock count.
View original language description ↓
Латифчон мужчина в возрасте 37 лет, он женат имеет 3 детей. Он занимается откормом скота. Этим видом деятельности Латифчон занимается почти с детства. Этим ремеслом занимались и его родители. Он знает все преимущество этого дела. Его жена и невестки каждые пол года стригут овец и коз, летом и осенью продают пряжу. Одна из невесток выносит пряжи на продажу в город, у нее там есть постоянные клиенты. Латифчон кредитуется а Арванде с 2004 года, он очень пунктуальный и ответственный человек.
В этом году Латифчон планирует приумножить скот, потому что у него увеличиваются клиенты на покупку шерсти. На настоящий кредит он планирует закупить несколько коз и овец, с учетом что его скот увеличиться в два раза.

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
  • 273
    View loans »
    Tajikistan Loans Fundraising
  • $28,366,000
    Funds lent in using Kiva
  • 4.8
    Tajikistan Somoni (TJS) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,475 helped Latifjon to purchase livestock.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 1, 2013
Listed
Mar 18, 2013
Currency Exchange Loss:
Covered
Ended:
Jan 17, 2014