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Shohmahmad is starting a business for baking bread. He is 64 years old. He has a wife, children and grandchildren. Shohmahmad has a very large family. There are 12 people in his family. As the head of the family, Shohmahmad is always thinking about the family's well-being. For several years, Shohmahmad worked in a bakery and has gained sufficient experience. Now, he wants to open his own bakery. Shohmahmad plans to bake bread and deliver it to wholesale shops in the city. Additionally, he will bake large and small loaves for weddings and other special events. He plans to hire one employee for his bakery and will pay him a monthly salary. Shohmahmad has already created his business plan. In order to realize his plans, Shohmahmad has requested a loan. He is going to get a big oven for baking bread.
View original language description ↓
Шохмахмад начинает свой бизнес по выпечке хлебов. Ему 64 года. У него жена, дети и внуки. У Шохмахмада очень большая семья. В его семье живут 12 человек. Шохмахмад как глава семьи всегда думает о благополучии семьи.
В течение нескольких лет Шохмахмад работал на хлебзаводе и накопил достаточного опыта. Теперь он хочет открыть свою хлебопекарню. Шохмахмад планирует производить хлеб и сдавать их оптом в магазины города. Также дополнительно для свадеб и других мероприятий он будет выпекать по заказу национальные большие и маленькие лепешки. Он планирует взять одного работника в свою пекарню и будет платить ему каждый месяц зарплату. Шохмахмад уже составил свой бизнес план. Для реализации своих намеченных планов Шохмахмад просит кредит. Он собирается приобрести большую печь для хлебовыпечки.

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
  • 244
    View loans »
    Tajikistan Loans Fundraising
  • $30,414,450
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,950 helped Shohmahmad to purchase a large oven for baking bread.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Dec 4, 2013
Dec 6, 2013
Currency Exchange Loss:
May 17, 2015