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Faizullokhon
Faizullokhon is 44 years old. He is married and is the father of five children. Faizullokhon lives with his large family in the J. Rumy region. Faizullokhon has a specialized secondary medical education. He worked as a nurse for eight years. In recent years, he has worked in construction. This is very hard work and his health does not allow him to continue this work.

Faizullokhon decided to start his own business that would bring him a good income. He is going to engage in the buying and selling of short-horned cattle. He has starting capital of 2,000 TJS, sent by his son who is working abroad in Russia. In support of this, in the courtyard of his home is a shed for cattle.

Faizullokhon is asking for a loan to purchase sheep. He plans to spend profits from the operations on home repairs to improve living conditions.
View original language description ↓
Файзуллохону 44 года. Он женат и является отцом пятерых детей. Файзуллохон со своей большой семьей проживает в районе Дж.Руми. У Файзуллохон средне-специальное медицинское образование. Он проработал медбратом в течение 8 лет. А в последние годы он работает на стройке. Это очень тяжелая работа и уже здоровье ему не позволяет продолжить данную работу. Файзуллохон решил начать свой собственный бизнес, который приносил бы ему хороший доход. Он собирается заниматься куплей и продажей мелкорогатого скота. У него имеется стартовый капитал в размере 2000 TJS, высланные его сыном, который находится на заработках в России. К тому же при дворе его дома имеется сарай для содержания скота. Файзуллохон просит кредит, чтобы закупить поголовье овец. Прибыль с деятельности он планирует потратить на ремонт дома для улучшения условия проживания.

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
  • 188
    View loans »
    Tajikistan Loans Fundraising
  • $28,289,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $1,900 helped Faizullokhon to purchase sheep in order to start his own business.
79% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 17, 2013
Listed
Jul 26, 2013
Currency Exchange Loss:
N/A