Bahridin is a hardworking and honest man. He is 58 years old. He worked together with his sons outside the country for some years. Currently he would not like to travel abroad anymore. He would like to start his business here, in his city.
Bahridin decided to work with selling food products at the market in Gissar. In order to realize his goal he turned to us for a loan. Bahridin takes a loan for the purchase of an assortment of food products (tea, sugar, macaroni, sweets, biscuits and so on). Bahridin would like to succeed in business and with his income purchase a house to his son.
Бахридин трудолюбивый и честный человек. Ему 58 лет. Несколько лет он работал вместе с сыновьями за пределами страны. Теперь он не хочет больше ехать в заграницу. Он хочет здесь в своем городе начать свой бизнес. Бахридин собирается заниматься торговлей продуктами питания на рынке Гиссар. Чтобы осуществить свою цель он обратился за кредитом. Бахридин берет кредит для приобретения ассортимента продуктов питания (чай, сахар, макароны, конфеты, печенье и т.д.). Бахридин хочет преуспеть в бизнесе и с его прибыли купить дом своему сыну.
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 MLO Humo and Partners
MLO 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.