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Olimjon is a successful entrepreneur. He lives in a village. Olimjon is 38 years old, married and has three sons. His oldest son attends a school, and the youngest sons go to kindergarten. His wife is involved in household work. Olimjon has been involved in buying and selling construction paint at the local central market since 2005. He started his entrepreneurship with a small turnover, but currently, his goods turnover has significantly increased. Olimjon plans to use this loan to buy paint and increase his income and thus, improve his living conditions. Olimjon expresses his gratitude to Arvand in advance for the financial support.
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Олимжон успешный предприниматель. Он проживает в посёлке. Олимжон женат, ему 38 лет. У него трое сыновей, старший сын учиться в школе, а младшие ходят в детский сад. Его жена занимаются домашним хозяйством. Олимжон с 2005 года занимается купля-продажей строительных красок на местном центральном рынке. Он начал свою предпринимательскую деятельность с мелкого оборота, но на данный момент его товарооборот значительно увеличился. На полученный кредит Олимжон планирует закупить краски и увеличить свои доходы, тем самым улучшить свои условия проживания. Олимжон заранее выражает свою благодарность Арванду за финансовую поддержку.

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
  • 225
    View loans »
    Tajikistan Loans Fundraising
  • $32,113,175
    Funds lent in using Kiva
  • 4.8
    Tajikistan Somoni (TJS) = $1 USD
A loan of $2,100 helped Olimjon to buy paint and increase his income.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 19, 2012
Nov 1, 2012
Currency Exchange Loss:
Dec 1, 2012