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Niyozali lives in the Rudaki district and is just getting started as a businessman. He is married and has six children. His four sons are between the ages of 10 and 21, and his two daughters are 8 and 16. His two eldest sons are in Russia: one is working and the other is getting ready to go to university. The rest of the children are still in school. His wife is a homemaker, and he himself worked as a taxi driver up until now. To improve his family's finances, Niyozali decided to start a retail business. He thinks selling grocery products will be profitable and therefore plans to open a shop. Niyozali already has a location for the store and just needs to buy food products. He has asked for a loan to help him do this. His wife and children will help Niyozali with the new business and hope very much for support.
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Ниёзали начинающий бизнесмен, проживает в районе Рудаки. Он женат, отец шестерых детей. У него четверо сыновей в возрасте от 10 до 21 года и двое дочерей в возрасте от 8 до 16 лет. Двое его старших сыновей в России, один работает, второй собирается учиться. А остальные дети еще школьники. Жена Ниёзали домохозяйка, сам он до сегодняшнего дня работал таксистом. Чтобы улучшить финансовое благополучие семьи, Ниёзали решил начать торговый бизнес. Он считает прибыльным торговлю продуктов питания и поэтому открывает бизнес в этой сфере. Ниёзали уже приобрел магазин. Ему остается только закупить продукты питания. С этой целью он просит кредит. Жена и дети будут помогать Ниёзали в новом бизнесе. Они очень надеятся 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

  • $2,700
    Average annual income
  • 104
    View loans »
    Tajikistan Loans Fundraising
  • $29,921,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,900 helped Niyozali to buy food products and open a grocery store.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Dec 31, 2013
Jan 2, 2014
Currency Exchange Loss:
Jan 17, 2015