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Jamshed
Jamshed is a young, first-time entrepreneur from the Hamadoni district. He is 27 years old. He has learned the manufacturing technique for processing cotton and now he wants to open his own processing facility for processing cotton in his district. This business is very profitable. Jamshed will buy the cotton from his fellow villagers. He has already bought the space for the facility. Jamshed is requesting a loan to buy equipment. He does not have enough personal savings to make this purchase as this kind of technology is very expensive. Jamshed is trying his best to succeed and find a source of income. This is compounded by the fact that he was recently married and is expecting a baby. For this reason he tirelessly forges ahead so that, in the future, he will be successful in business and his family will have good living conditions. He relies on your support!
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Джамшед молодой начинающий предприниматель из района Хамадони. Ему 27 лет. Он усвоил технологию производства по переработке хлопка и теперь в своем районе хочет открыть собственный цех по переработке хлопка. Данный бизнес очень прибыльный. Джамшед будет закупать хлопок от своих односельчан. Он уже приобрел помещение для цеха. Джамшед просит кредит, чтобы купить оборудования. Ему не хватает собственных средств для реализации покупки, потому что такая техника стоит очень дорого. Джамшед старается преуспеть и найти источник дохода. Ведь он недавно женился и ждет появления ребенка. По этой причине он неустанно продвигается вперед, чтобы в будущем преуспеть в бизнесе и его семья жила в хороших условиях. Он надеется на 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

  • $1,388
    Average annual income
  • 261
    View loans »
    Tajikistan Loans Fundraising
  • $28,719,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Jamshed to purchase equipment for cotton processing in order to open a production facility.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Oct 11, 2013
Listed
Oct 16, 2013
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2014