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Ergash
Natives of Shahrituz, like residents of other towns and villages in the Republic of Tajikistan, practice animal husbandry and crop farming. This business has become popular due to the advantageous climate of the Republic and the unspoiled natural environment. Taking an example from his fellow countrymen, 30-year-old Ergash is starting his own business of buying and reselling cattle. The start of his business will be the purchase of several bulls and calves. Ergash does not have enough personal savings to make this purchase. The loan amount he is requesting for his business is relatively small, as many breeds of cattle are very expensive. Ergash is very serious about his future business, as it is very important for him as the only provider in his family and he is currently unemployed. Ergash relies on your help!
View original language description ↓
Уроженцы Шахритуса как и другие жители разных сел и деревень республики Таджикистана занимаются животноводством или растениеводством. Причина, по которой эти деятельности столь популярны является благоприятный климат республики и не испорченная природа. Взяв пример со своих земляков 30-летний Эргаш начинает свою деятельность по купле и продаже крупнорогатых скотов. Началом в его бизнесе будет закуп нескольких голов бычков и телят. Чтобы совершить эту покупку Эргашу не хватает собственного сбережения. Сумму, которую он просит в кредит для такого бизнеса является малым. Потому что многие породы крупнорогатого скота очень дорогие. Эргаш к будущему бизнесу относится очень серьезно, ведь для него это очень важно, так как он единственный кормилец своей семьи и сейчас он безработный. Эргаш надеется на Вашу помощь!

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.

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About Tajikistan

  • $1,388
    Average annual income
  • 203
    View loans »
    Tajikistan Loans Fundraising
  • $29,046,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,100 helped Ergash to buy four bulls and calves.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 11, 2013
Listed
Oct 16, 2013
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2014