Ergash is an middle-aged man of 60. He lives in Shakhritus, is married, and has two sons and a daughter. All of his children are grown and independent. Ergash is involved in farming, and this activity covers part of his familiy's living expenses. He also has two cows whose milk serves the needs of his family. Now Ergash wants to start an animal husbandry business. He plans to buy, fatten, and resell cattle. He has both the experience and a place to keep the cattle. To start his business, he has requested a loan to buy two bulls.
Эргаш пожилой человек в возрасте 60 лет. Он проживает в районе Шахритус. У него жена, двое сыновей и одна дочь. Все его дети взрослые и самостоятельные. Эргаш занимается земледелием и часть семейных расходов покрывает за счет этой деятельности. К тому же у него имеется две коровы, молоко которых идет на нужды семьи. Сейчас Эргаш намерен заняться животноводческим бизнесом. Он планирует закупать, откармливать и продавать крупнорогатый скот. У него есть опыт, а также место для разведениея скота. Чтобы начать бизнес он обратился за кредитом для закупа двух бычков.
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.