Mavzuna is a married woman with two children. She is 23 years old. She lives in the Khuroson region in the southern part of Tajikistan. Her husband trades at the market. Mavzuna also trades. But she sold her store and would now like to try a new type of business, raising cattle. Her yard has a shed and feed for livestock. In addition, the livestock market is 1km away from her home. This is why Mavzuna applied for a loan for the purchase and sale of livestock.
Мавзуна замужняя женщина с двумя детьми. Ей 23 года. Она проживает в районе Хуросон в южной части Таджикистана. Ее муж на рынке занимается торговлей. Сама Мавзуна тоже занималась торговлей. Однако она продала свой магазин и теперь хочет начать новый вид бизнеса,а именно заняться животноводством. У нее при дворе есть сарай и корм для скота. К тому же скотный рынок находится на расстоянии 1 км к ее дому. Поэтому Мавзуна обратилась за кредитом для купли и продажи крупнорогатого скота.
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.