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Mahmayunus is a 26-year-old married young man who lives with his parents, his wife and two daughters in the Shahritus district. He has a university education. Mahmayunus is going to open a confectionery shop. He has rented a 3x4 meter shop in the central market area. His start-up capital is 3000 somons. Mahmayunus has requested a loan in the amount of 2,000 U.S. dollars. He plans to use half of his loan and savings to buy candy and sweets, and the other half to buy raw materials (flour, sugar, margarine, eggs, etc.) for baking cakes and buns. His wife and mother will bake cakes and pastries at home, and Mahmayunus will sell them at his shop. This will be their family business. Thanks to this loan, Mahmayunus will have a lucrative family business, which will bring him a good income.
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Махмаюнус 26-летний женатый молодой человек, проживающий с родителями, женой и двумя дочерьми в районе Шахритус. Он имеет высшее образование. Махмаюнус сейчас собирается открыть лавку по продажам кондитерских изделий. Он уже арендовал лавку размером 3х4 метра на центральном рынке района. Его стартовый капитал составляет 3000 таджикских сомони. Махмаюнус еще просит кредит в размере 2000 долларов США. На половину суммы кредита и сбережения он хочет купить конфеты и сладости, а на другую часть купить сырье (муку, сахар, маргарин, яйца и т.д.) для выпечки тортов и булочек. Жена и мать Махмаюнуса дома будут печь торты и булочные изделия, а Махмаюнус будет продавать их на своей лавке. Это будет их семейным бизнесом. Благодаря данному кредиту у Махмаюнуса будет прибыльный семейный бизнес, который будет приносит ему ежедневную хорошую выручку.

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
  • 207
    View loans »
    Tajikistan Loans Fundraising
  • $31,059,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Mahmayunus to purchase flour, sugar, margarine, eggs, baking and candy and sweets in order to open a confectionery shop.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Aug 2, 2013
Aug 18, 2013
Currency Exchange Loss:
May 17, 2015