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Aziz is a young man of 23 years who is married and lives with his wife and parents in the city of Isfara. He spent a year selling dried fruits in Russia, and now he wants to work in his own country and start his own business there. He is asking for a loan to construct a shop near where he lives. Aziz already has part of the building materials (sand, cement), but he plans to use the loan to hire construction workers and to buy the building materials and shop fittings he is missing. He has some savings that he started from his work abroad, and he plans to use that to buy furnishings for the shop - a refrigerator, shelves, etc, as well as products to sell. The village where Aziz lives does not have a market other than kiosks and shops with a small assortment of goods at high prices. This gives him a good advantage, as there is less competition. Aziz's wife will help him in the shop. He is counting on your support.
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Азиз 23-х летний молодой мужчина. Он женат и живет со своей женой у родителей в городе Исфара. Азиз год занимался торговлей сухофруктов в России. Теперь он хочет работать в своей родине и начать здесь торговый бизнес. Он запрашивает кредит для постройки продуктового магазина по месту своего проживания. У него имеется часть строительных материалов (песок, цемент). На сумму кредита Азиз хочет нанять мастеров по ремонту и закупить недостающие материалы для строительства и отделки магазина. У Азиза есть сбережения, накопленные за счет торговли сухофруктами. На сумму сбережения Азиз планирует закупить принадлежности для магазина - холодильник, стеллаж и т.д., а также продукты питания для продажи. В селе, где живет Азиз не имеется продуктового магазина, в основном там киоски и лавки с малым ассортиментом товара и высокими ценами на них, что даёт ему большое преимущество(сниженную конкурентность). В торговле Азизу будет помогать жена. Азиз очень надеется на Вашу поддержку.

Additional Information

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.

About Tajikistan

  • $2,700
    Average annual income
  • 221
    View loans »
    Tajikistan Loans Fundraising
  • $31,059,800
    Funds lent in using Kiva
  • 4.8
    Tajikistan Somoni (TJS) = $1 USD
A loan of $2,125 helped Aziz to buy building materials for a shop.
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 22, 2013
May 28, 2013
Currency Exchange Loss:
Jun 27, 2013