Mahmatkhuja is 43 years old and is a resident of Shahrituz, where he has been living for many years. His family and his closest friends live in Shahrituz as well. Currently, Mahmatkhuja grows crops, but he wants to start a new business of cattle raising, to run in parallel. However, to launch on this endeavor, he needs a lot of money. At the moment, Mahmatkhuja does not have enough to purchase the small calves which will become the foundation of this business. He is asking for a loan to buy calves. He is hoping for your help.
Махматхуджа житель района Шахритус. Махматхудже 43 года. Он в этом районе живет уже много лет. Здесь у него семья и самые близкие люди. Махматхуджа занимается выращиванием пшеницы. Сейчас он хочет параллельно заняться животноводством. Но чтобы начать данный бизнес ему потребуется немало средств. У Махматхучы нет достаточной суммы денег, чтобы купить маленьких бычков, которые станут основоположниками в его бизнесе. По этой причине он обратился за кредитом. С надеждой на помощь.
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.