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Qimatullo lives in the city of Kulob. He is 54 years old and married with three sons and two daughters. His two elder sons are migrant workers and they send money home when they are able. Qimatullo doesn't work at the moment. He used to work as a driver and he has good experience in that line of work. Qimatullo is a modest and respectable man. He wants to start up this business again, but he will need to buy a car. He has $800 in savings, and he is asking for a loan of $3,000. Qimatullo plans to work a route from Kulob to Dushanbe and to offer his services from 6:00am to 5:00pm. He knows from experience that this is a lucrative business and that is why he wants to get into it again - to improve his family's financial situation.
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Киматулло житель города Куляб. Он 54-летний женатый мужчина. У него трое сыновей и двое дочерей. Двое его старших сыновей находятся на заработках и по мере возможности высылают деньги отцу. Киматулло в данное время не работает. Раньше он работал водителем и имеет в этой области хороший опыт. Киматулло по характеру скромный и добропорядочный человек.
Он снова хочет начать эту деятельность. Для этого ему необходимо купить машину. У него есть сбережение на сумму 800 долларов США. Он просит в кредит еще 3000 долларов США. Киматулло собирается работать по маршрутной линии город Куляб - город Душанбе и предоставлять жителям услуги такси с шести часов утра до пяти часов вечера. Он по опыте знает, что это прибыльное дело и поэтому хочет заново начать эту деятельность, чтобы улучшить экономическое положение семьи.

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
  • 260
    View loans »
    Tajikistan Loans Fundraising
  • $30,431,075
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $3,000 helped Qimatullo to buy a car to use for his taxi service.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jul 24, 2013
Aug 5, 2013
Currency Exchange Loss:
Sep 4, 2013