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Ashurali
Ashurali is 40 years old. He works as an electrician in the Gissar region. He has a wife and four children. His wife sells pistachios at the market. As the head of the family, Ashurali aims to increase the family's income by starting a new business. He has chosen to go into beekeeping. His home and plot of land are located in a distant area, where there are no industrial enterprises, farmland or apiaries, which makes it a very good place to raise bees. Ashurali has several houses for bees. He has engaged in this trade before and has good experience. Now, he wants to restart and grow his business. Ashurali needs a loan for the purchase of bees and beehives. Once he buys them, he can begin his business.
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Ашурали 40 лет. Он работает электриком в своем районе Гиссар. У него жена и четверо детей. Его жена занимается продажей фисташек на рынке. Ашурали как глава семьи намерен увеличить семейный доход и с этой целью начать новый бизнес. Он выбрал направление пчеловодство. Его дом и участок земли находится в удаленном месте, где нет промышленных предприятий, фермерских угодий, или каких-либо пасек, то есть это очень хорошее место для разведения пчел. Ашурали имеет несколько домиков для пчел. Раньше он занимался этой деятельностью и имеет хороший опыт. Сейчас он хотел бы заново начать и расширить эту деятельность. Ашурали нуждается в кредите для покупки пчел и ульев. Закупив их, он мог бы приступить к делу.

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.

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About Tajikistan

  • $1,388
    Average annual income
  • 132
    View loans »
    Tajikistan Loans Fundraising
  • $27,936,300
    Funds lent in using Kiva
  • 4.8
    Tajikistan Somoni (TJS) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Ashurali to purchase bees and beehives.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 7, 2013
Listed
Jun 14, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014