Jurabek lives in the J. Rumy region together with his family. He is 35 years old. He has finished secondary school. He makes a living by working as a taxi driver. His work brings only a modest income which is insufficient to support his household. As an additional business, he decided to also raise livestock, more specifically to buy and resell cattle. Jurabek is requesting a loan in the amount of 2500 USD to implement his goal. He plans to buy for heads of cattle. He will use his savings to buy cattle feed. This loan is very important for Jurabek as it will allow him to launch a new business and improve his family’s financial situation.
Чурабек проживает в районе Дж.Руми со своей семьей. Ему 35 лет. У него среднее образование. Он зарабатывает на жизнь работая таксистом. Его работа приносит ему незначительный доход и не покрывают семейные расходы. Он решил параллельно начать новый бизнес в сфере животноводства, а именно заняться куплей и продажей крупнорогатого скота. Чурабек для реализации цели просит кредит на сумму 2500 долларов США и планирует приобрести 4 голов крупнорогатого скота. На сумму своего сбережения он закупит корм для скота. Чурабеку этот кредит очень важен для открытия бизнеса и улучшения финансового положения семьи.
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.