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Abdurasul
Abdurasul is a native of Khujand. He is 30 years old. He is a small businessman. Abdurasul has been making pryaniki (glazed honey ginger cookies) for five years. He used to be a jeweler, but he was always interested in food production and in 2009 he started his own business. His motto is "One who doesn't take risks won't succeed," and he follows that motto.

Abdurasul is a married man. He has a big family including his wife, three children, mother, grandfather, sister, and brother. Abdurasul is punctual, honest, hardworking, and enterprising. He is always thinking of expanding his business. Now he has applied for a loan to buy packaging and a large oven to bake pryaniki. Thanks to this loan he can continue his work which is very important for him. He hopes for support. In the future Abdurasul plans to open another shop to make chips, which he thinks will also be successful.
View original language description ↓
Абдурасул уроженец города Худжанд, ему 30 лет. Он малый бизнесмен. Абдурасул на протяжении 5 лет занимается производством пряников. В прошлом он был ювелиром, но его всегда интересовало производство продуктов и в 2009 году он самостоятельно начал свой бизнес. Его девиз жизни "Не добивается успеха тот, кто не рискует" и он следует своему девизу.
Абдурасул женатый человек. У него большая семья - жена, трое детей, мать, дедушка, сестра и брат. Абдурасул пунктуальный, честный, трудолюбивый и предприимчивый человек. Он всегда думает о расширении своего бизнеса. Сейчас он обратился за кредитом для покупки упаковок и большой печи для производства пряников. Благодаря кредиту он сможет продолжить свою работу, что очень важно для него. Он надеется на поддержку. В будущем Абдурасул планирует открыть еще один цех по производству чипсов и считает также прибыльным это дело.

Additional Information

More information about this loan

This loan is part of Humo's Investment Product loan program targeting new and existing clients seeking to invest in their businesses by purchasing (capital) equipment. This program offers borrowers a grace period prior to first repayment and a lower interest rate comparing to the standard interest rate. By funding this loan, you are supporting a program that gives borrowers a chance to start and grow small businesses and increase their productivity.

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
  • 295
    View loans »
    Tajikistan Loans Fundraising
  • $28,676,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $5,000 helped Abdurasul buy packaging and a large oven to manufacture pryaniki (glazed honey ginger cookies).
41% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 27, 2014
Listed
Jun 9, 2014
Currency Exchange Loss:
N/A