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Ulugbek
Ulugbek is the father of two children and a loving husband. He has a large home and farm where he breeds cattle. His family supports the expansion of his business and they help raise the animals. Ulugbek takes his cows to the market to sell every 5 to 6 months, and his sheep, every 2 months. Besides fattening cattle, he runs another business, a store where he sells food products. It's his work with livestock, however, that is the family's main source of income. When Ulugbek is absent, his children and wife care for the livestock. He is asking for a loan to buy a few head of cattle to expand his business. He hopes for the financial support of Arvand and is grateful in advance.
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Улугбек отец 2 детей и любящий муж. Он разводит дома скот. У него большой дом и хозяйство. Его семья поддерживает в развитии его хозяйства, они помогают разводить скот. Каждые 5-6 месяцев Улугбек выводит готовых коров на рынок для продажи, а овец каждые 2 месяца. Также Улугбек кроме откорма скота , занимается и другим бизнесом, у него есть магазин по продаже продуктов и питания,но основной доход у него от откорма скота. В его отсутствии его дети и жена ухаживают за скотом.
Улугбек запрашивает кредит для того, чтобы купить несколько голов скота и развивать свой бизнес. Он очень надеется на финансовую поддержку от Арванд и заранее благодарит.

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
  • 157
    View loans »
    Tajikistan Loans Fundraising
  • $28,183,800
    Funds lent in using Kiva
  • 4.8
    Tajikistan Somoni (TJS) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Ulugbek to buy a cow.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 14, 2013
Listed
Mar 30, 2013
Currency Exchange Loss:
Covered
Ended:
Oct 17, 2013