Check out some available loans that are similar to this one!
Muminjon
Muminjon lives in the village of Pahtaobod, in the Uzun collective area, J.Rumy region, with his wife and parents. He is 37 years old. He and his family members are engaged in agriculture. Muminjon has decided to start a new business, in order to improve the living conditions of his family. He plans to become a shepherd. He has a barn for keeping livestock, 450 TJS in start-up capital, as well as food for the sheep such as leaves, stems and corn husks. He plans to purchase 4 heads of sheep and, after feeding them for one month, sell them for a profit at the market. However, he needs a certain sum of money in order to purchase sheep and start the business. To realize his goal, he has requested a loan and is asking for support.
View original language description ↓
Муминджон живет в селе Пахтаообод, джамоате Узун района Дж.Руми с женой и родителями. Ему 37 лет. Он со своей семьей занимается сельским хозяйством. Муминджон решил начать новый бизнес, чтобы улучшить условий жизни семьи. Он намерен заняться овцеводством. У него имеется сарай для содержания скота, стартовый капитал в размере 450 TJS, а также корм для овец из листьев, стеблей и початок кукурузы. Он планирует закупать по 4-х голов овец и после одного месяца откорма, продавать с наценкой на рынке. Однако чтобы закупить овец и приступить к делу он нуждается в необходимой сумме. Для осуществления цели он обратился за кредитом и просит поддержки.

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.

Tags

About Tajikistan

  • $1,388
    Average annual income
  • 285
    View loans »
    Tajikistan Loans Fundraising
  • $28,631,975
    Funds lent in using Kiva
  • 4.8
    Tajikistan Somoni (TJS) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Muminjon to purchase sheep to fatten and sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 10, 2013
Listed
Jun 14, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014