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Abduvoris

Update on Abduvoris

Abduvoris works as a driver for a private school. Every day he drives children from their homes to the school and back. He likes this work as it allows parents to feel that their children are safe. The parents thank Abduvoris every day for making their lives easier, as many parents work and it’s very hard for them to get out of work [to pick up their children]. Therefore, the service Abduvoris provides is the best transportation option for schoolchildren.
For a long time, Abduvoris have been wanting to renovate his house, in particular his roof, since last year the roof had leaks due to heavy rain. This was very hard for him. He has successfully repaid his prior loan and applied for the next one. He would like to use his loan to buy slate and replace his roofing.
View original language description ↓
Абдуворис является водителем в одной из частных школ, он развозит с утра до вечера детишек из дома до школы и обратно. Ему нравиться эта работа так как родители спокойны за своих детей и они каждый день ему благодарны за то, что Абдуворис облегчил им жизнь, так как многие родители работают и с работы выйти очень трудно. Абдуворис является оптимальным вариантом для транспортировки школьников.
Абдуворис давно хочет отремонтировать свой дом,особенно крышу дома, так как в прошлом году весной из за сильных дождей крыша протекала. Ему пришлось очень не легко.
Предыдущий кредит он успешно погасил и теперь подал заявку на следующий. На полученный кредит хочет купить шифер и поменять крышу своего дома.

Previous Loan Details

Abduvoris works as a taxi driver and drives his clients around town. However, his main source of income is fattening and resale of cattle. His wife helps him, as she stays at home and takes care of the animals. Last year Abduvoris has purchased cattle cheaply and now the prices have risen and he ... More from Abduvoris's previous loan »

Additional Information

About MDO Arvand

MDO Arvand is one of the leading microfinance institutions in Tajikistan, offering small loans to entrepreneurs to start and grow their businesses. This makes an enormous difference in a country, which is not only the poorest in Central Asia, but also home to a population where two-thirds live below the poverty line. Today, Tajikistan's economy literally depends on remittances being sent from family members working abroad in Russia because there are so few local job opportunities.

But Arvand loans have been able to make a difference and change lives. Read about some of the incredible success stories they have seen here in this Kiva blog post: Bringing hope to Tajikistan with Arvand -- one success story at a time.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Tajikistan

  • $1,388
    Average annual income
  • 287
    View loans »
    Tajikistan Loans Fundraising
  • $28,631,950
    Funds lent in using Kiva
  • 4.8
    Tajikistan Somoni (TJS) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Abduvoris to buy building materials.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 10, 2013
Listed
Apr 30, 2013
Currency Exchange Loss:
Covered
Ended:
May 17, 2014