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Muhiddin
Muhuddin from Vahdat is 31 years old. He is married. He would like to launch a livestock business. Some years ago he used to raise livestock but due to some issues he had to fold. Now he would like to restore his business. He is starting from square one. He would like to obtain a loan in the amount of $1,000 USD, buy some calves and launch his business. This amount is not high for this type of business. Muhiddin would like to develop his business gradually. This loan is very important to Muhiddin because it will give him a chance to launch his business and have new economic opportunities. Muhuddin is counting on you.
View original language description ↓
Мухидину из Вахдата 31 год. Он женат. Мухидин хочет начать деятельность животноводства. Несколько лет назад он занимался разведением домашних скотов, но из-за некоторых обстоятельств ему пришлось прекратить свою деятельность. Сейчас он решил снова восстановить свой бизнес. Он начинает с самого нуля. Мухиддин хочет получить кредит на сумму $1000, купить бычков и начать бизнес. Для такой деятельности такая сумма является не большой. Мухиддин хочет постепенно начать и поднимать бизнес. Для Мухиддина кредит очень важен, ведь он дает ему шанс начать бизнес и новые экономические возможности. Мухиддин надеется на Вас.

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

  • $1,388
    Average annual income
  • 176
    View loans »
    Tajikistan Loans Fundraising
  • $28,264,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $1,000 helped Muhiddin two buy two heads of cattle.
51% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 15, 2014
Listed
Jan 21, 2014
Currency Exchange Loss:
N/A