Microloan Fund "MicroInvest" is one of the leading non-banking financial institutions of Tajikistan. From the date of establishment in 2002, within the framework of the Fergana Valley Regional Microlending Project implemented by Representation of ACDI/VOCA in Tajikistan, MLF Microinvest has directed all efforts towards achievement of understanding, satisfaction of requirements, and expansion of mutually advantageous cooperation with the its clients.

The mission of "MicroInvest" is to improve the standard of living of the population and create new opportunities for social and economic development by providing qualitative financial-technical services to entrepreneurs of Tajikistan.

The goal of "MicroInvest" is to maintaining its leading position in conditions of a growing competition by providing various lending products on mortgaging and non-collateral bases. Microinvest uses group and individual lending methodologies with wide geographic outreach and an innovative approach to work.

MLF Microinvest can be contacted directly at shoira@microinvest.tj

Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Mar 6, 2007 Oct 12, 2005
Total Loans $2,086,650 $1,560,501,545
Amount of raised Inactive loans $0 $449,950
Number of raised Inactive loans 0 116
Amount of Paying Back Loans $0 $165,705,345
Number of Paying Back Loans 0 203,635
Amount of Ended Loans $2,086,650 $1,394,346,250
Number of Ended Loans 3,190 1,837,443
Delinquency Rate 0.00% 18.33%
Amount in Arrears $0 $19,020,830
Outstanding Portfolio $0 $103,754,114
Number of Loans Delinquent 0 83,561
Default Rate 0.00% 1.70%
Amount of Ended Loans Defaulted $0 $23,701,089
Number of Ended Loans Defaulted 0 59,036
Currency Exchange Loss Rate 0.00% 0.40%
Amount of Currency Exchange Loss $0 $6,657,163
Refund Rate 0.30% 0.60%
Amount of Refunded Loans $6,175 $9,432,725
Number of Refunded Loans 10 8,793

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 58.27% 77.28%
Average Loan Size $652 $392
Average Individual Loan Size $653 $603
Average Group Loan Size $1,040 $1,785
Average number of borrowers per group 3 7.9
Average GDP per capita (PPP) in local country $2,700 $5,692
Average Loan Size / GDP per capita (PPP) 24.15% 6.88%
Average Time to Fund a Loan 1.96 days 7.99 days
Average Dollars Raised Per Day Per Loan $332.67 $49.04
  Average Loan Term 6.56 months 11.35 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 1,288 957,037
  Journaling Rate 31.41% 42.70%
  Average Number of Comments Per Journal 0.39 0.03
  Average Number of Recommendations Per Journal 7.50 0.68

Borrowing Cost Comparison (based on 2009 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower N/A 35.00% PY 26.14% PY
  Profitability (return on assets) N/A 3.6% -1.19%
  Average Loan Size (% of per capita income) N/A 135.00% 11.47%

Country Fast Facts

Field Partner Staff

Abdukahor Abdulloev
Adiba Abduvohidova
Ahror Ahrorov
Rob Cavese
Zamira Homidova
Shakhnoz Ikromi
Natalya Kaurova
Tahmina Maksudova
Parvina Mallahodjaeva
Aziz Nabiev
Nargis Negmatullaeva
Aziza Okhunova
Rosalind Piggot
Shahnoza Pulatova
Fazliddin Rakhimov
Foteh Rakhimov
Marhabo Rasulova
Shoira Sadykova
Madina Saidova
Nasrullo Saifullaev
Shavkat Shokirov
Shavkat Shokirov
Mukaddas Siyarova
Firdavs Soliev
Husein Tuichiev
Madina Umarova
Manuchehr Zievkhonov
Dan Zuckerman