Hasan is 31 years old, married and a father of one child. He lives with his family in J. Rumy in southern part of Tajikistan. Hasan wants to start his own business as a sheep herder. He already owns a good barn for the animals and is planning to raise and fatten the sheep for future resale at the meat market. He is planning to use the profits to finance his son's circumcision ceremony.
Хасан женат и отец одного ребенка. Ему 31 год. Он со своей семьей проживает в районе Дж.Руми, расположенный в южной части Таджикистана. Хасан имеет намерение начать новый бизнес. Для этого он выбрал сферу животноводства. Он хочет заняться куплей и продажей овец. Для содержания скота у него при дворе имеется сарай. С этим намерением Хасан запрашивает кредит для купли и продажи мелкорогатого скота. За счет прибыли Хасан хочет провести торжество по случаю обрезания сына.
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.