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Chori
44-year-old Chori is from a village in the Shahrituz region of Tajikistan, and would like to start his own livestock-farming business, buying young animals and fattening them for resale. He lacks the money to go forward with his plans at present, but would be able to improve both his living conditions and financial situation if he had the capital to get his business up and running. It's for this reason that he's seeking your help; he is requesting a loan to buy some young livestock to start his business with. He plays on buying livestock from a market called "Iskra" ("Spark"), and is counting on your help.
View original language description ↓
44 летний Чори из села района Шахритус хочет начать свой бизнес по купле откорму и продаже скотов. Он сам не может начать бизнес потому, что его финансовое положение не позволяет ему осуществить задуманный план, но если он начнет деятельность животноводства, то жизненные условия, в том числе финансовое положения семьи изменится в лучшую сторону. По этой причине он просит Вас помочь купить маленьких скотов, которые станут основоположниками в новом бизнесе. Чори планирует купить скотов на рынке "Искра" района Шахритус. Чори надеется, что он получить помощь. Помогите ему.

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
  • 177
    View loans »
    Tajikistan Loans Fundraising
  • $29,362,000
    Funds lent in using Kiva
  • 4.8
    Tajikistan Somoni (TJS) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Chori buy some young livestock to set up a livestock-farming business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jan 15, 2014
Listed
Jan 21, 2014
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014