Check out some available loans that are similar to this one!
Faizidin lives in the Rudaki region with his wife and children. He is 43 years old. He is an industrious and hard-working person, always striving to improve their living conditions. Faizidin is currently planning to start a new business. He is interested in shared taxi services, since he has work experience in this sector. He plans to drop off passengers along a route through Dushanbe, where almost everyone, from children to the elderly, use taxi services. According to his plan, he will have a good daily income. Faizadin sold his only cow on the local market. However, he needs an additional $2,100 USD to purchase a car. It is with this intention that he has applied for a loan in the same amount. Faizidin believes he will be supported in launching his business.
View original language description ↓
Файзидин живет в районе Рудаки с женой и детьми. Ему 43 года. Он трудолюбивый и усердный человек, всегда старающийся улучшить условия жизни. Сейчас Файзидин собирается начать новую деятельность. Его интересует услуга маршрутного такси, так как он имеет опыт работы в этой сфере. Он планирует развозить пассажиров по маршрутной линии города Душанбе, где услугой такси пользуются почти все начиная от детей и заканчивая до пожилых людей. За счет деятельности он будет иметь хороший ежедневный доход. Файзидин продал свою одну корову на местном рынке. Однако ему не хватает денежной суммы в размере 2100 долларов США, чтобы закупить автомобиль. С этим намерением он запрашивает эту сумму в кредит. Файзидин верит, что его поддержат начать бизнес.

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

  • $2,700
    Average annual income
  • 187
    View loans »
    Tajikistan Loans Fundraising
  • $30,410,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,100 helped Faizidin to purchase a car to start his own business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
May 29, 2013
Jun 22, 2013
Currency Exchange Loss:
May 17, 2014