A loan of $5,000 helped to purchase a store and expand his business.

Rustamkhon's story

Rustamkhon is 55 years old. He has his own small business, which brings in a profit helping him to support his large family consisting of his wife, four sons, two daughters, two grandchildren and a daughter-in-law. In his family, only Rustamkhon and two of his elder sons are earning an income. For over 10 years, Rustamhkon has been providing a service renting out tables, chairs and plates. He makes it possible for residents of the Khamadoni region to rent tables, chair, plates for weddings and other events. Rustam has been working out of a small leased space for several years. Since he is a goal-oriented person by nature, he has decided to expand his business. His main goal is to own his proper store. He does not want to continue leasing space as this requires a lot of money. Rustamkhon lacks own funds in order to realize this plan, which is why he is applying for a loan. Rustamkhon would like to purchase a spacious store and use it to provide his services. He has already picked a suitable property; he just needs to make a payment and prepare the documents for the property transfer. Rustamkhon truly needs this loan.

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Translated from Russian by Kiva volunteer Katharina S

Loan details

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Loan details