Hanke

*Notional repayment after 24 months, interest payment every 6 months*

HUMO is a progressive and leading microcredit deposit organization established in Tajikistan. The main activity of the company is the 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. HUMO uses modern technologies and high standards of microfinance in its work, which allows the company to carry out activities in accordance with the world's best practices. This implies high-quality customer service, effective company management, and good relationships with partner banks, state regulatory bodies, and local authorities. 

On November 1, 2013, the National Bank of Tajikistan issued to HUMO a license to carry out microfinancing activities. The day the MFI license was received 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.

Use of Proceeds / Loan purpose

HUMO is the second largest microfinance institution in Tajikistan in terms of loan portfolio. The company offers its services through our 24 branches and 48 microfinance service centers. 

HUMO’s core business is microfinance loans and it provides a wide range of loan products like Agri loans, Agri SME loans, Business micro, Business SME and consumer loans. In 2022 the company provided loans to existing and new clients to the amount of TJS 1.2 billion (more than USD 100 million).  

Apart from this, as a microfinance institution, HUMO provides a wide range of banking services and loans and foreign currencies, like attraction of deposits, opening banking accounts, providing payment cards, money transfers, forex operations, online banking, payment services, etc.

The main sources of income of the company are loan portfolio, remittances and other banking services, like payment services, mobile banking, fx operations, payment cards.

What financial return could your investment generate? 

• Annual interest rate of 5%
• Bullet loan. This means you will receive the repayment of your investment after 24 months. The interest payment takes place every 6 months.
• Note: you are investing in dollars (USD), so there is a risk of exchange rate fluctuations between dollars and euros. For more information about possible exchange rate risks, you can check our currency page.

Mission

Provision of access to a wide range of high-quality banking services, innovative financial solutions to the population and representatives of micro, small and agribusiness in order to contribute to the social and economic development of the Republic of Tajikistan. 
 

Vision

HUMO is one of the leading fintech companies offering affordable financial and non-financial services through partners and new markets.