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Timur
Timur is a goal-oriented man of 30 years. He is not married and he lives with his mother and grandmother in the city of Dushanbe. He has a secondary level technical education. For the last two years, Timur worked in a workshop that produces vinyl windows. He has gained a good deal of experience and he now wants to start his own business in this field.

Timur has already taken out an unlimited term lease on the building and he has the raw materials. However, he still needs to buy the equipment. In order to reach his goal and start his business, Timur has applied for a loan. He is requesting the loan to acquire equipment for the production of vinyl windows and thereby begin production.
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Тимур целеустремленный человек в возрасте 30 лет. Он еще не женат и живет с матерью и бабушкой в городе Душанбе. У него среднее техническое образование. Тимур в течение последних 2-х лет работал сотрудником цеха по производству пластиковых окон. Он набрал достаточный опыт и теперь хочет начать свою предпринимательскую деятельность в этом направлении. Тимур уже арендовал здание на бессрочный срок и имеет сырье для производства. Однако ему еще необходимо закупить оборудование. Для реализации своей цели Тимур обратился за кредитом. Он просит кредит для приобретения оборудования по производству пластиковых окон и тем самым приступить к производственной деятельности.

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
  • 176
    View loans »
    Tajikistan Loans Fundraising
  • $29,362,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,700 helped Timur to buy equipment for the production of vinyl windows.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 13, 2013
Listed
Jun 23, 2013
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2014