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Faiziddin
Faiziddin is a good-natured and wise man. He is 51 years old, married and has three children. His oldest son is 28 years old, he's married and has one son himself. His second oldest son is 21 years old, still a bachelor, and the youngest is a daughter, 18 years of age. Faiziddin lives with his family in Khuroson, Tajikistan. His sons are currently in Russia as migrant workers and Faiziddin has saved 550 USD of the money they've sent home. He intends on starting a livestock business. With this goal, he is asking for a loan of 2,000 USD. He will use his savings and the money from the loan to buy five bulls and their feed. He already has a business plan to buy and sell the animals, and has a corral for them near his home that is six by three meters. Faiziddin has a positive attitude and believes his business will be successful and provide a good income. He has big plans for the future. He wants to expand his business and start a farm.
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Файзиддин добродушный и благоразумный человек. Ему 51 год. Он имеет жену и троих детей. Старшему сыну 28 лет и он женат и имеет одного сына. Второму сыну 21 год, он еще холост, а младшей дочери 18 лет. Файзиддин всей семьей живет в районе Хуросон. В данный момент его сыновья находятся на заработках в России и за счет их высланных денег Файзиддин накопил сбережение в размере 550 долларов США. Файзиддин имеет намерение начать животноводческий бизнес. С такой целью он просит кредит в размере 2000 долларов США. Файзиддин на все деньги - на сумму кредита и сбережения хочет купить 5-голов бычков и корм. У него уже есть свой бизнес план по купле и продаже скота, а также при дворе дома имеется коровник размером 6x3 метра. Файзиддин позитивно настроен и верит, что его бизнес станет успешным и будет приносить ему хороший доход.
У Файзиддина большие планы на будущее. В дальнейшем он будет расширять бизнес и откроет ферму.

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.

Tags

About Tajikistan

  • $2,700
    Average annual income
  • 151
    View loans »
    Tajikistan Loans Fundraising
  • $29,656,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $2,000 helped Faiziddin to buy five bulls and their feed in order to start a new livestock business.
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 30, 2013
Listed
Aug 6, 2013
Currency Exchange Loss:
N/A
Expired:
Sep 5, 2013