Funded

Total loan: $1,000
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Farhod


A loan of $1,000 helped start two new projects: production of windows and doors and processing of meat and milk products.


Farhod's story

Farhod has been running his business for 7 years. He is married and has 3 children. His parents live with him. He is a very energetic and creative person. He started his business by trading soft drinks. When he heard about MicroInvest, he became a client and begain with a $100 loan. Gradually, he increased his loan and his business became sucessful gradually. He regularly repaid his loan on time. He opened two new locations with his partner Boimatov; they included a pharmacy and computer center. He also rented a bus stop and opened a location for drinks and ice cream. In the future, he plans to use his $1,000 loan for purchasing equipment for two new projects: production of windows and doors and processing of meat and milk products. He plans to engage 35-40 people for this project.


Loan details

Loan length:

14 months
Disbursed date: June 26, 2007
Facilitated by Field Partner: MLF Microinvest, a partner of ACDI/VOCA

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: June 26, 2007
Facilitated by Field Partner: MLF Microinvest, a partner of ACDI/VOCA