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Abdukarim
Abdukarim is 34 years old. He is married and has two children. Abdukarim, his wife and his children live in the J Rumy region. He has a middle school education. His wife is a housewife. Abdukarim is engaged in agriculture. In order to improve the financial situation of his family, Abdukarim plans to take up the livestock business. He plans to purchase goats and sheep, fatten them over the course of a month, and then sell them at the market for profit. Many other residents in his area also engage in this business, as it brings a good income. Abdukarim has established all the conditions necessary to raise livestock. He has asked for a loan to purchase 6 heads of livestock and their feed.
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Абдукариму 34 года. Он женат и имеет двоих детей. Абдукарим с женой и детьми проживает в районе Дж.Руми. У него среднее образование. Его жена домохозяйка. Сам Абдукарим занимается земледелием. Чтобы улучшить финансовое положение семьи, Абдукарим намерен заняться животноводческим бизнесом. Он планирует закупать мелкорогатый скот, откармливать в течение месяца и затем продавать на рынке с наценкой. Многие жители района занимаются этим бизнесом, так как он приносит хорошую прибыль. У Абдукарима имеются все условия для разведения скота. Он запрашивает кредит для закупа 6-голов мелкорогатого скота и его корма.

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
  • 292
    View loans »
    Tajikistan Loans Fundraising
  • $28,631,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $850 helped Abdukarim to purchase 6 heads of livestock and their feed.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jun 5, 2013
Listed
Jun 7, 2013
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2013