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This novice businessman is called Nurullo. He is 40 years old and lives in the Farkhor region in the south of the country. Nurullo is married and has four children of school age.

Not long ago, Nurullo purchased premises for a store and would like to carry out renovation on them. The building is completely unrenovated, even the walls are not finished. Nurullo knew that it would not be easy for him and that he would have to fight for his dream of a grocery store, and put in a lot of effort. Knowing this, Nurullo still purchased the premises. Currently he does not work anywhere and spends all his time and attention on the renovation.

Nurullo requests a loan in order to finish the renovation and purchase food products. He eagerly awaits the opening day of his new grocery store in the Farkhor region. Thanks to the loan he has a profitable business and the financial situation of the family is improving.
View original language description ↓
Начинающего бизнесмена зовут Нурулло, ему 40 лет, он проживает в районе Фархор на юге страны. Нурулло женат и имеет четверых детей школьного возраста. Недавно он купил помещение для магазина и хочет провести в нем ремонт. Здание является абсолютно без ремонта, даже стены не закончены. Нурулло знал, что ему придется нелегко и за мечтой о продуктовом магазине придется побороться и вложить немало усилий. Нурулло зная об этом, все равно купил помещение. В данный момент он нигде не работает и все свое время и внимание он тратит на ремонт. Нурулло просит кредит, чтобы закончить ремонт и закупить продукты питания. Он с нетерпением ждет дня открытия своего нового магазина продуктов питания в районе Фархор. Благодаря кредиту у него будет доходный бизнес и финансовое положение семьи улучшится.

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
  • 115
    View loans »
    Tajikistan Loans Fundraising
  • $29,875,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $1,050 helped Nurullo to renovate premises and purchase food products to open a store.
Repayment Term
20 months (Additional Information)
Repayment Schedule
Oct 4, 2013
Oct 8, 2013
Currency Exchange Loss:
Nov 7, 2013