Check out some available loans that are similar to this one!
Elmurod
Elmurod is 58 years old. He is married, has two children, and resides with his family in the city of Khujand in northern Tajikistan. His wife works as a schoolteacher, and Elmurod and his son offer a route taxi service.

Now, Elmurod wants to start a business in the field of animal husbandry. He believes that this is a lucrative business that quickly bears fruit. Further, he believes the costs of maintaining livestock are relatively small while the demand for meat and meat products is consistently high and will not fall because of the food demand in the market.

Elmurod plans to buy and sell cattle. He has a barn near his home. He is asking for a loan for the purchase of three heads of cattle for fattening and resale. With the help of this loan, he will have a profitable business and the financial position of his family will improve.
View original language description ↓
Элмуроду 58 лет. Он женат, имеет двоих детей и проживет со своей семьей в городе Худжанде на севере Таджикистана. Его жена работает в школе преподавательницей, а Элмурод и его сын занимаются услугой маршрутного такси. Сейчас Элмурод хочет начать бизнес в области животноводства. Он считает, что это очень прибыльный бизнес, так как быстро приносит свои плоды, и к тому же расходы на содержание скота относительно невелики, а спрос на мясо и мясные продукты стабильно высокий и падать не будет, поскольку продукты питания всегда востребованы на рынке. Элмурод планирует заняться купле-продажей крупнорогатого скота. У него во дворе дома имеется коровник. Он запрашивает кредит для закупа 3-х голов крупнорогатого скота с целью откорма и продажи. С помощью этого кредита он будет иметь прибыльный бизнес и финансовое положение его семьи улучшится.

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
  • 201
    View loans »
    Tajikistan Loans Fundraising
  • $27,720,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $2,000 helped Elmurod to buy and sell cattle.
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 5, 2013
Listed
Jun 14, 2013
Currency Exchange Loss:
N/A
Expired:
Jul 14, 2013