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Akbar
Akbar is 21 years old, married and lives with his wife, his parents and two sisters in Dushanbe. He is a young and goal-oriented man. Akbar has a technical degree and Akbar's wife is a seamstress who works from home. Akbar is requesting a loan to purchase a ZIL truck because he wants to open a transportation business. He has two years experience driving large trucks. Now Akbar wants to venture out on his own and buy his own vehicle. In the future Akbar plans to use the profits from his business to purchase another large truck of the KAMAZ brand.
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Акбар женат. Ему 21 год. Он с женой, родителями и двумя сестрами живет в центральном районе города Душанбе. Он молодой и целеустремленный человек. Акбар имеет среднее техническое образование. Он по профессии технолог. Жена Акбара портниха, она у себя на дому принимает заказы. Акбар запрашивает кредит для приобретения грузовой машины марки ЗИЛ. Он хочет заняться услугой перевозки грузов. У него имеется двухлетний опыт работы в этой области. Теперь Акбар хочет начать деятельность на собственной грузовой машине. В будущем Акбар планирует за счет дохода от деятельности купить еще одну грузовую машину марки КАМАЗ.

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

  • $1,388
    Average annual income
  • 169
    View loans »
    Tajikistan Loans Fundraising
  • $28,264,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $2,950 helped Akbar to purchase a ZIL truck for goods transport.
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 22, 2013
Listed
May 27, 2013
Currency Exchange Loss:
N/A
Expired:
Jun 26, 2013