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Rustamjon
Rustamjon is 34 years old. He is married and has one daughter. Rustamjon is a master repairman for apartments. But now is not the season for his activities. Typically, residents of Khujand do repairs only in the spring and summer when it is hot. Rustamjon does repairs only on request.

Now it is autumn and the orders are gone. In autumn and winter, he does not have work, so he decided to start a new business in wholesale trade of mobile phones. In starting this business, he will be helped by a relative who is engaged in this sphere. Rustamjon does not have experience in this sphere, so he does not want to risk it and is borrowing only a small amount. The amount of the loan is small for a wholesaler, but he hopes that it will be enough to start the business.

Rustamjon hopes for the best and we wish him good luck!
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Рустамчону 34 года. Он женат, имеет одну дочь. Рустамчон является мастером по ремонту квартир. Но сейчас не сезон его деятельности. Обычно жители Худжанда делают ремонты только весной и летом, когда жарко. Рустамчон делает ремонт только по заказу. Сейчас осень и заказы у него отсутствуют. Осенью и зимой у него нет работы, поэтому он решил начать новый бизнес и заняться оптовой продажей мобильных телефонов. В этом начинающем бизнесе ему будет помогать родственник, который занят в этой сфере. Рустамчон не имеет опыта в этой области, поэтому он не хочет рисковать и берет в кредит маленькую сумму. Сумма кредита является маленьким для оптовика, но он надеется, что для начинающегося бизнеса хватит. Рустамчон надеется на лучшее, а мы желаем ему удачи!

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
  • 157
    View loans »
    Tajikistan Loans Fundraising
  • $29,358,350
    Funds lent in using Kiva
  • 4.8
    Tajikistan Somoni (TJS) = $1 USD
Expired
A loan of $1,900 helped Rustamjon to start a business selling mobile phones.
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 20, 2013
Listed
Sep 27, 2013
Currency Exchange Loss:
Possible
Expired:
Oct 27, 2013