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Shamsudin
Shamsudin lives in the Rumi region in the southwestern part of Tajikistan. He is 42 years old and he is married with six children. Shamsudin works as a driver. He has a KAMAZ truck in which he transports goods to their destination. Is is very hard and tiresome work. Shamsudin wants to start a business raising and selling cows and bulls. He is interested in this business because it is lucrative and it doesn't require hard work. At his home, he has a two-story barn (20x4.5 meters) in which to keep livestock and 50 bales of hay. Shamsudin plans to buy, raise and sell four head of livestock every month. To start his business, he is asking for a loan of $1,500. With the money from that loan, he can buy four head of calves and bulls. He wants to use the income from this business to make repairs to his home and improve his standard of living.
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Шамсудин житель района Дж.Руми юго-западной части Таджикистана. Ему 42 года. Он женат и имеет шестерых детей. Шамсудин зарабатывает на жизнь шофером. У него грузовая машина КАМАЗ, на которой он развозит грузы по месту назначения. Это очень трудная и утомительная работа. Шамсудин хочет сейчас начать бизнес по откорму и продаже крупно-рогатого скота. Он заинтересован в этом бизнесе, так как это прибыльный бизнес и не требует тяжелой работы. У него во дворе дома имеется двухэтажный сарай для содержания скота размером 20х4,5 метра, а также 50 вязок сена. Шамсудин планирует каждый месяц закупать, откармливать и продавать по 4-х голов скота. Чтобы начать бизнес Шамсудин запрашивает кредит в размере 1500 долларов США. На сумму кредита он собирается купить 4-х бычков и телят. На полученную прибыль в будущем он хочет провести ремонт в своем доме и улучшить условия быта.

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
  • 205
    View loans »
    Tajikistan Loans Fundraising
  • $29,700,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Shamsudin to buy four head of steer and calves to start a livestock business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 2, 2013
Listed
Aug 22, 2013
Currency Exchange Loss:
N/A
Ended:
Sep 17, 2014