Farrukh is a young bachelor. He is 24 years old. He lives with his parents in the Qumsangir region in the south of the country. Farrukh is currently a farmer. However, he is interested in raising livestock as it is a profitable business. He plans to buy 5 bulls every month, to fatten them during the course of the month and then to sell them for a markup at the livestock market. He has the necessary conditions to raise livestock. He is asking for a loan with the goal of starting a new business and hopes for your support.
Фаррух холостой молодой человек. Ему 24 года. Он живет вместе с родителями в районе Кумсангир в южной части страны. Фаррух в данное время занимается земледелием. Однако его интересует животноводческая деятельность, так как это прибыльное дело. Он планирует закупать каждый месяц по 5-голов бычков, откармливать их в течение месяца и затем продавать с наценкой на скотном рынке. У него имеются все условия для содержания скота. Он обращается за кредитом с намерением начать свой новый бизнес и очень надеется на вашу поддержку.
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.