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Mahmadamin
Mahmadamin is a single young man. He is 21 years old. He lives with his parents in the J. Rumy region. Mahmadamin works with livestock breeding and agriculture. He is a very energetic and enterprising man.

Currently Mahmadamin would like to start a new type of business. He intends to open a cotton ginning plant. For this he needs premises to conduct the business, necessary tools, and further to get experience in this field.

In order to realize his goal, Mahmadamin applied for a loan. He requests a loan for the purchase of ginning equipment and very much hopes for your support.
View original language description ↓
Махмадамин холостой молодой человек. Ему 21 год. Он живет с родителями в районе Дж.Руми. Махмадамин занимается животноводством и сельским хозяйством. Он очень энергичный и предприимчивый человек. Сейчас Махмадамин хочет заняться новым видом бизнеса. Он намерен открыть хлопкоочистительный цех. Для этого у него имеется помещение для ведения деятельности, необходимые рабочие инструменты, а также имеется опыт в этой сфере. Чтобы реализовать свою цель Махмадамин обратился за кредитом. Он просит кредит для закупа хлопкоочистительного оборудования и очень надеется на вашу поддержку.

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

  • $2,700
    Average annual income
  • 133
    View loans »
    Tajikistan Loans Fundraising
  • $29,291,375
    Funds lent in using Kiva
  • 4.8
    Tajikistan Somoni (TJS) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,475 helped Mahmadamin to purchase ginning equipment.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 6, 2013
Listed
May 12, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014