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Tolibjon is 27 years old, married and has one son. Tolibjon is involved in making furniture and various national tables. He has a large order to make national tables, which are small and low. Many use this type of table in the winter to heat up a room by covering it with a blanket. Tolibjon's wife stays home and raises their child. Tolibjon started this business one year ago and already has many clients. He is very grateful to Arvand for the financial support because he previously bought wood with credit, which was expensive. And now, having obtained the loan, he can buy his materials with cash and cheaper.
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Толибчону 27 лет, он женат имеет одного сына. Толибчон занимается изготовлением мебели и различных национальных столиков. У него есть большой заказ на изготовление национальных столиков, они маленькие и низкие. Многие зимой используют этот столик, укрывая его одеялом для обогревания комнаты. Жена Толибчон сидит дома, она воспитывает ребенка. Толибчон начал заниматься этим делом год назад и уже имеет большое количество клиентов. Он очень благодарен Арванду за финансовую поддержку, раньше он приобретал древесину в рассрочку ему это обходилось дорого. А теперь он получив кредит может покупать свои материалы на наличные и подешевле.

Additional Information

About MDO Arvand

MDO Arvand is one of the leading microfinance institutions in Tajikistan, offering small loans to entrepreneurs to start and grow their businesses. This makes an enormous difference in a country, which is not only the poorest in Central Asia, but also home to a population where two-thirds live below the poverty line. Today, Tajikistan's economy literally depends on remittances being sent from family members working abroad in Russia because there are so few local job opportunities.

But Arvand loans have been able to make a difference and change lives. Read about some of the incredible success stories they have seen here in this Kiva blog post: Bringing hope to Tajikistan with Arvand -- one success story at a time.

About Tajikistan

  • $2,700
    Average annual income
  • 216
    View loans »
    Tajikistan Loans Fundraising
  • $32,112,850
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Tolibjon to purchase raw material - wood.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Feb 20, 2012
Feb 23, 2012
Currency Exchange Loss:
Mar 15, 2013