Ikromjon is young, married man, 27 years of age. He lives with his parents in Shahrituz region in southwestern Tajikistan. The warm and even hot climate of the region is conducive to agriculture. Ikromjon is going to start his own business and has chosen the livestock industry. He has a barn to keep the animals, feed for them, and a livestock market is found not far from his home. Ikromjon needs a loan to start this business buying and selling cattle.
Икромчон женатый молодой человек. Ему 27 лет. Он живет у родителей в районе Шахритус на юго-западе Таджикистана. Теплый и даже жаркий климат района благоприятствует здесь развитию сельского хозяйства. Икромчон намерен начать новый бизнес и выбрал животноводческую деятельность. У него имеется сарай для содержания скота, корм для скота и к тому же скотный рынок находится недалеко от его дома. Икромчон нуждается в кредите, чтобы начать свой бизнес. Он запрашивает кредит 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.