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Saidboi
Saidboi lives in the Shahrituz region in the southwest of Tajikistan. He is 42 years old. He is married and has five children. His wife works on a “dekhan farm.” The term “dekhan farm” means a small individual or collective private farm employing a small number of people; mainly, such farms produce cotton, wheat or vegetables (which take up 60% of arable land in Tajikistan). Saidboi is a produce farmer, but he plans to launch a new business. He is interested in raising livestock as this line of business is profitable and not physically demanding. With this goal in mind, he is requesting a loan to buy cattle for resale.
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Саидбой житель района Шахритус, расположенный в юго-западной части Таджикистана. Ему 42 года. У него жена и пятеро детей. Его жена работает в дехканском хозяйстве. Дехканское хозяйство это небольшое индивидуальное или коллективное частное хозяйство, в котором работают несколько людей и где в основном выращивают хлопок, пшеницу или овощи - которые занимают 60% орошаемых земель в Таджикистане. Сам Саидбой занимается земледелием. Однако сейчас Саидбой намерен начать новый бизнес. Его интересует животноводческая деятельность, так как это прибыльное дело и не требует тяжелой работы. С этой целью он запрашивает кредит для купли и продажи крупнорогатого скота.

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

  • $1,388
    Average annual income
  • 294
    View loans »
    Tajikistan Loans Fundraising
  • $28,648,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $775 helped Saidboi to buy catte for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 15, 2013
Listed
Mar 27, 2013
Currency Exchange Loss:
N/A
Ended:
Apr 16, 2014