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Firuzi
Firuzi is a young resident of Dushanbe, the capital of Tajikistan. He is 24 years old, single and lives with his parents, his brother and his sisters. Firuzi in an energetic, driven and hard-working young man. He wants to start his own business to help out his family. He has some savings, which he accumulated using the money sent to him from Russia by his father.

Firuzi is asking for a loan of $2,500 USD, which he will use to buy a Hyundai Starex minibus to launch his taxi service. He is planning to provide passenger transport along a city route from eight in the morning to until seven in the evening, making a total of nine round-trips per day. This is a very profitable business and Firuzi is hoping that he will get a chance to realize his goal.
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Фируз молодой житель столицы Таджикистана - города Душанбе. Ему 24 года. Он холост, живет с родителями, братом и сестрами. Фируз энергичный, целеустремленный и усердный молодой человек. Он хочет заниматься собственным бизнесом и помогать своей семье. У него имеется сбережение накопленное за счет денег, высланных отцом с России. Фируз просит кредит в размере 2500 долларов США. Он хочет купить микроавтобус марки Hyundai Starex с целью предоставления услуг по перевозке пассажиров. Он будет работать по маршрутной линии города с восьми утра до семи вечера и делать 9 кругов в день. Это весьма прибыльный бизнес. И Фируз надеется, что ему выпадет шанс на реализацию своей цели.

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

  • $1,388
    Average annual income
  • 277
    View loans »
    Tajikistan Loans Fundraising
  • $28,619,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $2,500 helped Firuzi to purchase a minibus to launch his taxi business.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 16, 2013
Listed
Aug 27, 2013
Currency Exchange Loss:
N/A
Expired:
Sep 26, 2013