funding gap emerging markets

Closed Joint Stock Company "Humo" is a progressive and leading microcredit deposit organization established in Tajikistan. Main activity of the Company is provision of high-quality, affordable financial services to the rural population, as well as to promote the development of small and medium-sized businesses in poor regions of the Republic of Tajikistan. We use modern technologies and high standards of microfinance in our work, which allows us to carry out our activities in accordance with the world's best practices. This implies high quality customer service, effective company management, good relationships with partner banks, state regulatory bodies, local authorities. Over the years, the company has changed and transformed several times. The last transformation of the company was carried out on August 7, 2013, when the Micro Credit Organization "Humo and Partners" was transformed into the Microcredit Deposit Organization "Humo".

On November 1, 2013, the National Bank of Tajikistan issued to Closed Joint Stock Company MDO "HUMO" a license to carry out microcredit deposit activities. The day the MDO license was received went down in the history of Humo and became a significant event, marking another step in the stable growth and development of the company. Previously, "Humo" worked under the brand of LLC Microcredit Organization "Humo and Partners", which was established in June 2008. The founder of the organization is the Microloan Fund “Humo”, which is the successor of the CARE International microcredit program in Tajikistan.

General information

Head officeDushanbe
Founded21 July 2002
Active on Lendahand since20 February 2023
Credit ScoreA+

Financial information per 2022-12-31

Portfolio Overview€61,645,303
Leverage ratio16.80%
Write-off ratio last 12 months4.80%
% investment amount in arrears (>90 days)4.10%

About Tajikistan

Tajikistan is a country in Central Asia surrounded by Afghanistan, China, Kyrgyzstan and Uzbekistan. It’s known for rugged mountains, popular for hiking and climbing. It has an area of 143,100 km2 with population of 10 million and its currency is Tajik Somoni. Tajikistan is a presidential republic consisting of four provinces.

Last funded project