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Askar
Askar is a 37-year old married man living with his family in the village of Sverdlov on the Shahrituz region. Askar has been blessed by five caring daughters who attend school and also help out with household duties. Askar is a building contractor. This work is seasonal, and sometimes it is hard to find customers. This is why Askar decided to launch a business in a different field. He has chosen to raise livestock, more specifically to buy and resell cattle, as this business brings in revenues year round. Askar has experience taking care of animals since his family already keeps cows. Askar is requesting a loan to buy six young bulls. He plans to buy six heads of cattle every month, fatten them for a month and then bring to the animal market in the region. Askar believes that his new business will be successful and bring in good revenues, and, as a result, the financial well-being of his family will improve. He is counting on your support.
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Аскар 37-летний женатый мужчина, проживающий со своей семьей в районе Шахритус в селе Свердлов. Аскар является счастливым отцом. У него 5 заботливых дочерей, которые одновременно и учатся в школе и помогают в домашнем хозяйстве. Сам Аскар мастер по ремонту домов. Это сезонная работа и иногда ему трудно получить заказ. Поэтому Аскар решил начать бизнес в новой сфере. Он выбрал животноводческую деятельность, а именно куплю и продажу крупнорогатого скота, так как это прибыльный бизнес вне зависимости от сезона года. У Аскара есть опыт в разведении скота, так как у них в домашнем хозяйстве имеются коровы. Аскар просит кредит для закупа 6 голов бычков. Он планирует каждый месяц закупать по 6 голов крупноргатого скота, откармливать в течение месяца и затем выводить на продажу на скотный рынок района. Аскар верит, что его новый бизнес будет успешным и приносить хорошую прибыль, в результате которого улучшится финансовое состояние семьи. Он ждет от вас 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.

About Tajikistan

  • $1,388
    Average annual income
  • 189
    View loans »
    Tajikistan Loans Fundraising
  • $27,692,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $2,950 helped Askar to buy six bulls and calves so as to launch his livestock business.
Repayment Term
27 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 28, 2013
Listed
Jul 3, 2013
Currency Exchange Loss:
N/A
Expired:
Aug 2, 2013