Kamoliddin is 27 years old. He lives in the region of Sino in the city of Dushanbe together with his family. Kamoliddin wants to get a vendor space on the market of Shokhmansur and start selling fruits in retail. He used to bring the fruits to the market and sell to other vendors. However now Kamoliddin wants to sell the fruits on the market himself because it's more profitable. This is why he came to ask for a loan. He is asking for a loan in the amount of $1,500 USD to get a vendor space and buy fruits. He is hoping for a successful start of his business.
Камолиддину 27 лет. Он со своей семьей проживает в районе Сино города Душанбе. Камолиддин хочет приобрести точку продажи на рынке Шохмансур и заняться розничной продажей фруктов. Раньше он приносил фрукты на рынок и отдавал их оптом продавцам. Однако теперь Камолиддин хочет сам продавать фрукты на рынке, так как это прибыльнее. С этим намерением Камолиддин обратился за кредитом. Он просит кредит на сумму 1500 долларов для приобретения точки продажи и фруктов. Он надеется на успешное начало бизнеса.
More information about this loan
This loan is part of Humo's startup loan program targeting particularly vulnerable clients who live at subsistence and do not qualify for the standard loan due to lack of income from an existing business. This program offers clients up to a 4-month grace period on the loan. By funding this loan, you are supporting borrowers who have limited options to start and grow small businesses. This has the potential to alleviate the effects of poverty, significantly improving borrowers' incomes and their families' quality of life.
About MDO Humo and Partners
MDO Humo and Partners is a microfinance institution in Tajikistan that aims to support vulnerable and underserved populations living in rural areas through financial and consulting services for small businesses. Kiva loans are used by groups and individual borrowers to start and grow businesses and build brighter futures for themselves, their families and their communities. This is especially important in Tajikistan, the poorest country in Central Asia, where more than two-thirds of the population lives below the poverty line.