Husan lives in the Qubadiyon district. He is 59 years old. He is married and a father of seven sons. Husan has a higher education. He works as a mathematics teacher at a village school. Because his salary is very low, and family expenses are high, he decided to simultaneously get involved in a new business. He is interested in an animal husbandry business. He intends to get involved in buying and selling cattle. The livestock market is located near his house; thus, he will not have travel expenses in this business. Additionally, he has all of the necessary conditions for breeding livestock. Husan is requesting this loan to buy five heads of cattle and feed for them in order to start his business.
Хусан живет в районе Кубадиён. Ему 59 лет. Он женат и является отцом семерых сыновей. Хусан имеет высшее образование. Он работает учителем математики в сельской школе. Так как его заработная плата очень маленькая, а семеыне расходы велики, он решил заняться одновременно новым бизнесом. Ему интересна животноводческая деятельность. Он намерен заняться куплей и продажей крупного рогатого скота. Скотный рынок находится недалеко от его дома и у него не будут дорожные расходы на эту деятельность. К тому же у него есть все необходимые условия для разведения скота. С намерением начать бизнес, Хусан запрашивает кредит для закупа 5 голов крупнорогатого скота и их корма.
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.