Abduaziz lives in the Spitamen region located in the northern part of the country. He is 31 years old. He has a wife and two sons. He and his wife live with his parents. Abduaziz's father transports freight. His mother and wife work as teachers at the high school. Abduaziz is determined to start a new business and buy and sell cattle. They have one milk cow and a calf for milk and yogurt. Abduaziz has experience raising livestock and he would now like to start his own business doing this. But Abduaziz needs a loan in order to achieve his goal. He is asking for a loan to purchase two heads of cattle. He plans to fatten the livestock for 120 days and the sell it at the regional livestock market.
Абдуазиз житель района Спитамен, раположенный в северной части страны. Ему 31 год. У него жена и двое сыновей. Он со своей семьей живет у родителей. Отец Абдуазиза занимается перевозкой грузов. Его мать и жена работают преподавателями в средней школе. Абдуазиз намерен открыть новый бизнес и заняться куплей и продажей крупнорогатого скота. У них имеется одна дойная корова с теленком для молока и кефира. У Абдуазиза есть опыт в разведении скота и он теперь хотел бы сделать на этом свой бизнес. Однако Абдуазиз нуждается вкредите для реализации своей цели. Он просит кредит для закупа двух голов крупнорогатого скота. Он планирует откармливать скот в течение 120 дней и затем реализовать их на скотном рынке своего района.
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.