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Khurshed
Khurshed lives in the Shahrinav district. He is 40 years old, married, and has a school-age son and daughter. His father, brother, and niece also live with them. Khurshed has a college education. He worked in a banner production company in Dushanbe and gained significant experience in the area. Now he would like to open his own small print shop in his area. Toward this goal he already got a license and found a good location. However, he needs a loan to buy the necessary equipment. Khurshed is asking for a loan in order to buy equipment for printing banners to order. He hopes to open his business soon.
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Хуршед житель района Шахринав. Ему 40 лет. Он женат и у него сын и дочь школьного возраста. Вместе с ними также живут его отец, брат и племянница. У Хуршеда высшее образование. Он в городе Душанбе работал в фирме по изготовлению баннеров на заказ и приобрел большой опыт в этой области. Теперь Хуршед хочет открыть свою маленькую типографию в своем районе. Для этого он уже получил лицензию, нашел хорошее место для деятельности. Однако, чтобы закупить необходимое оборудование и начать бизнес, он нуждаетя в кредите. Хуршед запрашивает кредит для приобретения печатающего оборудования для изготовления баннеров на заказ. Он надеется на успешное начало бизнеса.

Additional Information

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.

About Tajikistan

  • $1,388
    Average annual income
  • 283
    View loans »
    Tajikistan Loans Fundraising
  • $28,641,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,950 helped Khurshed buy equipment for printing banners to order.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 8, 2013
Listed
Apr 21, 2013
Currency Exchange Loss:
N/A
Ended:
Mar 17, 2014