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Farrukh
Farrukh lives in Dushanbe. He is 28 years old, single and has a degree in law. Currently Farrukh works as a policeman. He lives with his father, mother, brother and sister. Farrukh has turned to Humo for a loan to purchase a Mercedes brand vehicle. He wants to works as a taxi driver in his free time, as he needs additional income to support himself. He is planning to use the car to provide taxi servies. Farrukh has a lot of experience and is an excellent driver.
View original language description ↓
Фаррух житель города Душанбе. Ему 28 лет. Он холост. Фаррух по профессии юрист. На данный момент он работает милиционером. Фаррух живет вместе с отцом, матерью, братом и сестрой.
Фаррух обратился в Хумо за кредитом для приобретения автомашины марки Мерседес. Он хочет работать таксистом в свободное от работы время, так как ему необходим дополнительный заработок. Он намерен предоставлять услугу, такси. У Фарруха имеется опыт, он хорошо водит машину.

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
  • 213
    View loans »
    Tajikistan Loans Fundraising
  • $29,714,525
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Farrukh to purchase a Mercedes vehicle for use as a taxi service during his spare time for additional profits.
100% repaid
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 26, 2013
Listed
May 21, 2013
Currency Exchange Loss:
N/A
Ended:
Dec 17, 2014