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Ibrogimjon has turned to MDO Arvand to receive a loan which will allow him to increase his cattle headcount. In the past, Ibrogimjon saw an increase in his herd every spring, but last year he started building a house so he had to sell part of his livestock. Ibrogimjon is now left with insufficient savings to develop his business, and this is the reason why he is requesting a loan.

Ibrogimjon has been a client of MDO Arvand for a few years already. He is an honest, responsible and hardworking man. He wants to use his loan to increase the size of his herd and to expand his business. He also plans to use his profits to gradually complete the construction of his house. He is really hoping to get some support and assistance from MDO Arvand.
View original language description ↓
Иброгимчон обратился в МДО «Арванд» чтобы получить кредит для увеличения поголовья скота. Каждый год его скот к весне увеличивался, но в прошлом году он начал строительство дома и продал часть своего скота. И сейчас, он недостаточно накопил свои денежные средства, чтобы продолжить развивать свой бизнес, поэтому он запрашивает кредит.
Ибрагимчон кредитуется в Арванде уже несколько лет, он порядочный, ответственный и трудолюбивый человек. На полученный кредит Ибрагимчон хочет увеличить поголовье скота и расширить свой бизнес и от полученной прибыли постепенно достроить свой дом. Он очень надеется,что в Арванде его поддержат и помогут.

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
  • 239
    View loans »
    Tajikistan Loans Fundraising
  • $32,113,175
    Funds lent in using Kiva
  • 4.8
    Tajikistan Somoni (TJS) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Ibrogimjon to purchase some cattle.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Mar 1, 2013
Mar 12, 2013
Currency Exchange Loss:
Dec 17, 2013