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Muzafar is a 30-year-old married man who lives with his family in the city of Vakhdat. Not long ago he returned to Russia, where he worked as a migrant laborer for a year. Before his departure, Muzafar gave his trading business to his brother so he would continue the family business in Muzafar's absence. But when Muzafar returned home, he found out that his brother had gone bankrupt and the whole business had burned down. Now he wants to start the business back up again. He has already lived the hard life of a migrant worker and he doesn't plan to leave his home again. Muzafar has a trading stall in the market from his last business, and he has savings in the amount of 3,000 TJS from his earnings in Russia. He has asked for a loan so he can buy his goods. He plans to sell men's clothing again. With the loan and his savings, he wants to buy an assortment of men's t-shirts and pants and get to work. He is in need of support.
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Музафар 30-летний женатый человек, проживающий со своей семьей в городе Вахдат. Он недавно вернулся с России, где он работал мигрантом в течение года. Перед отъездом Музафар передал свой торговый бизнес своему брату, чтобы он в его отсутствии продолжил их семейный бизнес. Однако когда Музафар вернулся на родину, он узнал, что его брат обанкротился и весь его бизнес сгорел. В настоящее время он хочет заново начать свой бизнес. Он уже испытал на себе трудную жизнь мигранта и не собирается больше покидать родину. У Музафара имеется торговая точка на рынке от прошлого бизнеса, а также сбережение в размере 3000 TJS, заработанные им в России.
Чтобы купить товар Музафар обратился за кредитом. Он снова собирается торговать мужской одеждой. Музафар на сумму кредита и своего сбережения хочет купить ассортимент мужских футболок и брюков и приступить к деятельности. Сейчас он нуждается в поддержке.

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
  • 245
    View loans »
    Tajikistan Loans Fundraising
  • $31,828,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $3,000 helped Muzafar to buy in-season men's clothing to restart his business.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jul 24, 2013
Aug 3, 2013
Currency Exchange Loss:
Sep 2, 2013