Microfinance institution HUMO in Tajikistan mainly focuses on providing credit to small businesses in rural areas. From their head office in the capital Dushanbe, HUMO’s loan offices visit the village communities (jamoats) in 15 surrounding districts. The poor infrastructure and the fragile agricultural climate (only 7% of the land is suitable for arable farming) are the biggest challenges for the development of an enterprise in the rural areas. To help diversify its portfolio, HUMO is also active in cities where it provides individual loans to businesses in the retail, manufacturing, and service sectors. Triodos-Doen has provided a loan to HUMO to realise a further growth.
KEY INDICATORS HUMO at year-end 2012:
- number of loan clients: 20,075
- percentage female clients: 45%
- percentage rural clients: 81%
- average loan amount: EUR 627
- number of savings clients: -