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Saidbek
Saidbek lives in Vahdat. He is 31 years old. He is a family man. Saidbek works as a hired laborer. Now, he plans to start a new business and has chosen to get into the purchase and sale of cattle. Saidbek considers it a lucrative business that doesn't require heavy labor. He has accumulated savings of $600, and also built a good barn. He is requesting a loan to purchase cattle. For the amount of the loan, Saidbek wants to buy four steers and fatten them for a month. Thanks to the loan, he will have a permanent job bringing a good income.
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Саидбек живет в городе Вахдат. Ему 31 год. Он семейный человек. Саидбек работает наемным рабочим. Сейчас он собирается начать новый бизнес и выбрал для этого куплю-продажу крупнорогатого скота. Саидбек считает это прибыльным бизнесом, не требующим тяжелой работы. Он накопил сбережение в размере 600 долларов США, а также построил хороший коровник. Для купли скота он просит кредит. Саидбек на сумму кредита хочет закупить 4 голов молодых бычков, откармливать их в течение месяца. Благодаря кредиту у него будет постоянная работа, приносящая хорошую прибыль.

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

  • $2,700
    Average annual income
  • 176
    View loans »
    Tajikistan Loans Fundraising
  • $29,362,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $2,500 helped Saidbek to buy four steers to start a business buying and selling cattle.
69% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 18, 2013
Listed
Dec 30, 2013
Currency Exchange Loss:
N/A