Funded

Total loan: $2,950
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Shohmahmad


A loan of $2,950 helped to purchase a large oven for baking bread.


Shohmahmad's story

Shohmahmad is starting a business for baking bread. He is 64 years old. He has a wife, children and grandchildren. Shohmahmad has a very large family. There are 12 people in his family. As the head of the family, Shohmahmad is always thinking about the family's well-being. For several years, Shohmahmad worked in a bakery and has gained sufficient experience. Now, he wants to open his own bakery. Shohmahmad plans to bake bread and deliver it to wholesale shops in the city. Additionally, he will bake large and small loaves for weddings and other special events. He plans to hire one employee for his bakery and will pay him a monthly salary. Shohmahmad has already created his business plan. In order to realize his plans, Shohmahmad has requested a loan. He is going to get a big oven for baking bread.

Translator profile picture

Translated from Russian by Kiva volunteer Aleksandra Fridman



Loan details

Loan length:

26 months
Disbursed date: December 4, 2013
Facilitated by Field Partner: MDO Humo and Partners

Lenders and lending teams




Loan details

Loan length:

26 months
Disbursed date: December 4, 2013
Facilitated by Field Partner: MDO Humo and Partners