Shermuhammad was born in the Shahrituz region in the south-west of Tajikistan. He is 28 years old, married, and a father of three. He only received secondary education.
Shermuhammad has been engaged in farming on his small plot of land, and has now decided to test the waters of animal husbandry. He has built a cow shed for keeping cattle and applied for a loan to start his new business. Shermuhammad's family will help him tend the livestock. He is requesting this loan to purchase cattle for subsequent resale.
Шермухаммад родился в районе Шахритуз на юго-западе Таджикистана. Ему 28 лет. Он женат и отец троих детей. Шермухаммад получил только среднее образование. Он на своем небольшом участке земли занимается земледелием. Сейчас он решил попробовать себя в сфере животноводства. Шермухаммад построил коровник для содержания скота и обратился за кредитом, чтобы начать бизнес. Шермухаммаду в разведении скота будет помогать его семья. Он просит кредит для купли и продажи крупно-рогатого 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.