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Erkinboy is a mature man. He has been taking out loans from our organization for five years. Erkinboy is married and already has grandchildren. He has worked in animal husbandry his entire life. Each time he has taken out a loan, he has purchased livestock and expanded his business, which is his main source of income. Erkinboy is an expert in purebred sheep, and therefore he raises them and goats. With his current loan, he wants to buy ten young rams. With the profit he has received from the loans, he has been able to improve his family's living conditions and repair their home.
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Эркибой мужчина в возрасте.Он уже пятый год кредитуется в нашей организации.Эркинбой женат и уже имеет внуков.Он всю свою жизнь занимается животноводством.На каждый полученный кредит он приобретает скот и расширяет свой бизнес потому что это их основной доход.Эркинбой хорошо разбирается в породистых баранах, поэтому он откармливает мелко рогатый скот, коз.Сейчас на полученный кредит он хочет купить десять молодых баранов.За период кредитования он смог улучшить условия жизни ,отремонтировав дом из прибыли своего бизнеса.

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
  • 218
    View loans »
    Tajikistan Loans Fundraising
  • $32,074,750
    Funds lent in using Kiva
  • 4.8
    Tajikistan Somoni (TJS) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Erkinboy purchase livestock.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jun 13, 2012
Jun 22, 2012
Currency Exchange Loss:
Jan 15, 2013