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Sidiq
Sidiq is 32 years old and has a wife and a son. Together with his family, he lives in the city of Konibodom in the north of Tajikistan. Sidiq is an entrepreneur and has been buying and reselling cars for the past 8 years. Twice per month, he purchases cars from the automotive markets of Khujand and Konibodom. After carrying out necessary body work on the cars, he resells them with a markup at the same markets. Sidiq is taking this loan to purchase cars for subsequent resale in order to expand his business.
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Сидику 32 года. У него жена и один сын. Он со своей семьей проживает в городе Конибодом в северной части Таджикистана. Сидик является бизнесменом. В течение 8 лет он занимается куплей и продажей машин. Сидик в месяц дважды закупает свой товар с автомобильных рынков города Худжанд и Конибодом. После проведения внешнего ремонта машин, он продает их с наценкой на этих же рынках. Кредит берет для купли и продажи легковых автомобилей с целью расширения бизнеса.

Additional Information

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
  • 259
    View loans »
    Tajikistan Loans Fundraising
  • $28,365,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Sidiq to purchase cars for repair and resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 15, 2013
Listed
Apr 12, 2013
Currency Exchange Loss:
N/A
Ended:
Apr 16, 2014