Microloan Fund "MicroInvest" is one of the leading non-banking financial institutions of Tajikistan. From the date of establishment in 2002, within the framework of the Fergana Valley Regional Microlending Project implemented by Representation of ACDI/VOCA in Tajikistan, MLF Microinvest has directed all efforts towards achievement of understanding, satisfaction of requirements, and expansion of mutually advantageous cooperation with the its clients.

The mission of "MicroInvest" is to improve the standard of living of the population and create new opportunities for social and economic development by providing qualitative financial-technical services to entrepreneurs of Tajikistan.

The goal of "MicroInvest" is to maintaining its leading position in conditions of a growing competition by providing various lending products on mortgaging and non-collateral bases. Microinvest uses group and individual lending methodologies with wide geographic outreach and an innovative approach to work.

MLF Microinvest can be contacted directly at shoira@microinvest.tj

Repayment Performance on Kiva

    This Field Partner All Kiva Partners
  Start Date On Kiva Mar 6, 2007 Oct 12, 2005
Total Loans $2,086,650 $779,258,950
Amount of raised Inactive loans $0 $206,775
Number of raised Inactive loans 0 129
Amount of Paying Back Loans $0 $133,922,850
Number of Paying Back Loans 0 158,187
Amount of Ended Loans $2,086,650 $645,129,325
Number of Ended Loans 3,190 798,532
Delinquency Rate 0.00% 8.79%
Amount in Arrears $0 $7,823,056
Outstanding Portfolio $0 $88,997,909
Number of Loans Delinquent 0 30,237
Default Rate 0.00% 1.27%
Amount of Ended Loans Defaulted $0 $8,169,177
Amount of Ended Loans $2,086,650 $645,129,325
Number of Ended Loans Defaulted 0 21,940
Currency Exchange Loss Rate 0.00% 0.37%
Amount of Currency Exchange Loss $0 $2,861,801
Refund Rate 0.30% 0.66%
Amount of Refunded Loans $6,175 $5,133,525
Number of Refunded Loans 10 5,569

Loan Characteristics On Kiva

    This Field Partner All Kiva Partners
  Loans to Women Borrowers 58.27% 74.54%
Average Loan Size $652 $413
Average Individual Loan Size $653 $648
Average Group Loan Size $1,040 $1,840
Average number of borrowers per group 3 7.9
Average GDP per capita (PPP) in local country $2,700 $5,946
Average Loan Size / GDP per capita (PPP) 24.15% 6.95%
Average Time to Fund a Loan 1.96 days 6.73 days
Average Dollars Raised Per Day Per Loan $332.67 $61.44
  Average Loan Term 6.56 months 10.91 months

Journaling Performance on Kiva

    This Field Partner All Kiva Partners
  Total Journals 1,288 382,053
  Journaling Rate 31.41% 40.78%
  Average Number of Comments Per Journal 0.39 0.06
  Average Number of Recommendations Per Journal 7.50 1.45

Borrowing Cost Comparison (based on 2009 data)

    This Field Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower N/A 35.00% PY 29.09% PY
  Profitability (return on assets) N/A 3.6% -1.41%
  Average Loan Size (% of per capita income) N/A 135.00% 19.25%

Country Fast Facts

Field Partner Staff

Abdukahor Abdulloev
Adiba Abduvohidova
Ahror Ahrorov
Zamira Homidova
Shakhnoz Ikromi
Natalya Kaurova
Tahmina Maksudova
Parvina Mallahodjaeva
Aziz Nabiev
Nargis Negmatullaeva
Aziza Okhunova
Shahnoza Pulatova
Fazliddin Rakhimov
Foteh Rakhimov
Marhabo Rasulova
Shoira Sadykova
Madina Saidova
Nasrullo Saifullaev
Firdavs Soliev
Husein Tuichiev
Madina Umarova
Manuchehr Zievkhonov