Nozilsho is 57 years old. He works at a private animal husbandry farm in his district of Yavan and has good experience in raising livestock. Nozilsho is married and has three sons. At the present time, Nozilsho decided to open his own business in raising cattle at home for subsequent resale. One of his sons will be helping him with this business. Nozilsho is requesting a loan in the amount of 3000 dollars to start this business. His own initial capital amounts to almost 800 US dollars. Nozilsho plans to use the loan and his savings to buy five heads of cattle. He has all of the necessary conditions for running this business. He hopes for the financial support.
Нозилшо 57 лет. Он работает в частной животноводческой ферме в своем районе Яван и имеет хороший опыт по выращиванию скотов. Нозилшо женат, имеет троих сыновей. В данный момент Нозилшо решил у себя дома открыть собственный бизнес по выращиванию крупнорогатого скота для дальнейшей продажи. Ему в этой деятельности будет помогать один сын. Нозилшо просит кредит в размере 3000 долларов, чтобы начать бизнес. Его собственый начальный капитал составляет почти 800 долларов США. Нозилшо на сумму кредита и сбережения планирует купить 5 голов крупнорогатого скота. У него имеются все условия для ведения данного бизнеса. Он надеется на финансовую поддержку.
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.