Check out some available loans that are similar to this one!
Subhon lives in Isfara, he's married, forty years old, and has one child. He was not able to receive a higher education since his family has faced financial hardship since he was young. He followed in the footsteps of his father. As a boy, he helped his dad with baking and selling cakes at market. In 1991, he began baking independently. Initially, it was very difficult since he needed capital. He was advised by friends to take a loan out with Arvand. He has big plans for the future. Because he wants his child to have a higher education he tries to do everything he needs to to make this goal happen. Subhon is very grateful for Arvand since the organization helps those with financial difficulties carry out their plans.
View original language description ↓
Субхон живёт в г.Исфара, женат и имеет одного ребенка. Ему 40 лет . В связи с семейными обстоятельствами Субхон не смог получить высшее образование так как с детства в его семье были финансовые проблемы. Он пошел по стопам своего отца. С ранних лет помогал своему отцу по выпечки и продаже лепешек на рынке. С 1991 г. самостоятельно занимается этим производством. Поначалу ему было очень трудно так как он нуждался в денежных средствах по совету знакомых он решил получить кредит Арванд. У него большие планы на будущее, он очень хочет, чтобы его ребенок учился в высшом учебном заведении и поэтому старается делать все, чтобы добиться своей цели. Субхон очень благодарен организации Арванд, так как с помощью таких организаций люди, имеющие финансовые проблемы могут осуществить свои планы.

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

  • $2,700
    Average annual income
  • 198
    View loans »
    Tajikistan Loans Fundraising
  • $29,677,950
    Funds lent in using Kiva
  • 4.8
    Tajikistan Somoni (TJS) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Subhon to increase turnover.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Feb 19, 2013
Mar 23, 2013
Currency Exchange Loss:
Sep 17, 2013