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Update on Firdavs

This is Firdavs' second loan. He took a previous loan to buy dried fruits and was involved in that activity for almost seven years. He has now saved some money and is ready to make his old dream come true: he has been thinking about opening an internet cafe for a long time, and he feels that now is the right time. To prepare himself for this and to familiarize himself with all the nuances of this business, he has spent the last year working in an internet cafe.

Firdavs has already rented a space, located in a nice popular area, and he has bought a couple of computers and their components. In order to be fully ready to open his internet cafe, he still needs to buy a few more computers. With this goal in mind, he has applied for a loan as a way to finance his business. His younger brother will help him run the business.

Firdavs now has two children. His wife and children are the most important people in his life. They give him the will to move forward and he is doing everything he can, and will continue to do so, for them. No one doubts that he will work very hard.
View original language description ↓
Фирдавс повторно обращается за кредитом. Первый раз он брал кредит для торговли сухофруктами. Он занимался этим делом почти 7 лет. Теперь он накопил сбережение и собирается осуществить свою мечту. Фирдавс давно собирался открыть Интернет-кафе и сейчас он думает настал момент. Специально для этого он в прошлом году проработал в Интернет-кафе, чтобы на практике ознакомиться всеми нюансами этого бизнеса. Фирдавс уже арендовал помещение, расположенное в хорошем людном месте и закупил пару компьютеров и его комплектующих. Ему еще необходимо закупить несколько компьютеров для полной готовности и открытия Интернет-кафе. С этой целью он обратился за кредитом и просит профинансировать его дело. Ему будет помогать его младший брат. У Фирдавса уже двое детей. Жена и дети для него самое главное. Они для него стимул, ради них он старается, и будет стараться. И никто не сомневается в его словах.

Previous Loan Details

Firdavs lives in the city of Isfara. He is 26 years old, married and has one child. Firdavs lives with his parents. His brother works abroad. For more than six years, Firdavs has been working in the market. His main work is the buying and selling of dried apricots. Firdavs is asking for a l... More from Firdavs's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.


About Tajikistan

  • $2,700
    Average annual income
  • 207
    View loans »
    Tajikistan Loans Fundraising
  • $31,826,550
    Funds lent in using Kiva
  • 4.8
    Tajikistan Somoni (TJS) = $1 USD
A loan of $2,950 helped Firdavs to buy some computers and their components, in order to open an internet cafe.
Repayment Term
26 months (Additional Information)
Repayment Schedule
Aug 23, 2013
Sep 4, 2013
Currency Exchange Loss:
Oct 4, 2013