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May 6, 2016 6:20 PM ET

Archived: Tajikistan: Maкhmadullo wants to open a grocery store in his village

iCrowdNewswire - May 6, 2016




Makhmadullo is from Dangara. Dangara is one of the most beautiful regions. He is 37 years old. Makhmadullo is an exemplary husband. He is the father of two children. He has a good wife who supports him in everything.

Today, economics is a highly developed market and there are a lot of shops and bazaars. Makhmadullo wants to open a grocery store in his village. With the help of the store, he realizes his dream. He always wanted to engage in trade and he will get a job that will bring him profit. In his work he will be assisted by his wife. Makhmadullo has accumulated some money, but spent it on store equipment. Now he needs a small amount of money. This amount he spends on food to supply his store. He looks forward to your help and support.

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.

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