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Muhamadobid
Muhamadobid is a native of the J.Rumy region. He is 43 years old. He is engaged in farming. He is involved in this type of activity on his own because two of his sons are in the Russian Federation. In the districts and towns far from the capital, the are very few jobs and many young people leave their homes and travel abroad in order to feed their families. Most residents of the districts and villages are engaged in agricultural activities because the climate of Tajikistan is favorable and fully suitable for livestock and crop production.

Muhamadobid is going to start a business buying ans selling cattle. The purpose of his loan is to buy cattle. He has all the conditions to care for and breed cattle. Thanks to the loan, he will be able to have an additional source of income and the financial condition of his family will be much improved, such that he will be able to support the marriage his eldest son.

Muhamadobid gives his thanks in advance for getting a chance.
View original language description ↓
Мухамадобид уроженец района Дж.Руми. Ему 43 года. Он занимается земледелием. Этим видом деятельности Мухамадобид занимается один, потому что двое его сыновей находятся в Российской Федерации. В районах и городах далеких от столицы мало рабочих мест и многие молодые юноши оставляют свои родные места и уезжают в заграницу, чтобы прокормить своих семей. В основном жители районов и сел занимаются сельскохозяйственной деятельностью. Потому что климат Таджикистана благоприятен и полностью пригоден для животноводства и растениеводства. Мухамадобид собирается начать бизнес по купле и продаже скота. Целью его кредита является закуп коров. Чтобы содержать и разводить скот у него имеются все условия. Благодаря кредиту он сможет иметь дополнительный источник дохода, финансовое состояние его семьи намного улучшится и он сможет женить своего старшего сына.
Мухаммадобид заранее благодарен за представленный шанс.

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
  • 204
    View loans »
    Tajikistan Loans Fundraising
  • $27,720,100
    Funds lent in using Kiva
  • 4.8
    Tajikistan Somoni (TJS) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Muhamadobid to buy cows to start a new business and with the profits to hold a marriage for his son.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 26, 2013
Listed
Sep 27, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014