Check out some available loans that are similar to this one!
Rafail is 61 years old. He and his wife live in the Spitamen area. His wife collects a pension and he works at Novselmash - a plant that manufactures fittings. At the same time they rent a 1 acre plot of land where they grow corn. Rafail has children but they live apart from him. His daughter who lives nearby helps Rafail and his wife. Right now, Rafail would like to start a new business to fatten and sell cattle. He will raise livestock at his daughter's home. His daughter is not opposed at all and helps her father in many ways. Rafail needs a loan to purchase 4 heads of cattle. He plans to fatten them over a period of 90 days and to resell them at the local market. He has a car for transport. He is asking for a loan to start his business. He looks forward to your support!
View original language description ↓
Рафаилю 61 год. Он с женой живет в Спитаменском районе. Его жена пенсионерка, а он сам работает в Новсельмаше - это цех по вырабатыванию арматуры. Одновременно он арендует 1 га участок земли, где выращивает кукурузу. У Рафаиля есть дети, но они живут отдельно от них. Рафаилю и его жене помогает дочь, которая не далеко живет. В данный момент Рафаиль хочет начать новый бизнес по откорму и продаже крупнорогатого скота. Животноводством он намерен заняться дома у дочери. Его дочь совершенно не против и всячески помогает отцу. Рафаиль нуждается в кредите, чтобы закупить 4 голов коровы. Он собирается откормить их в течение 90 дней и перепродать на местном рынке. У него имеется машина для перевозки. Он просит финансирование для начала бизнеса. Он ждет вашу поддержку!

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
  • 217
    View loans »
    Tajikistan Loans Fundraising
  • $29,714,525
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $2,950 helped Rafail to start a new business feeding and selling cattle.
Repayment Term
26 months (Additional Information)
Repayment Schedule
Oct 2, 2013
Oct 5, 2013
Currency Exchange Loss:
Nov 4, 2013