The history of the MKF "Nuri Humo"

The founder of the organization was the Micro Loan Fund «Humo», which is the successor of the micro loan program CARE International in Tajikistan. With the adoption of the Law of the Republic of Tajikistan «On Microfinance» in 2004, CARE Tajikistan transformed the micro-credit program into a local public fund providing affordable financial services to vulnerable and low-income segments of the population. The HUMO Micro Loan Fund was officially registered with the Ministry of Justice of the Republic in December 2004, which marked the beginning of the practical implementation of the fund’s plans

15.03.2005
One of the first microfinance organizations of the Republic of Tajikistan to receive a certificate from the National Bank of the Republic of Tajikistan was the HUMO Ministry of Finance, which indicated that the Fund met all the requirements of the laws of the Republic and had sufficient resources to start its activities. This happened on March 15, 2005. This certificate gave the right to start lending activities, namely the issuance of micro-loans to the population who do not have access to banking services. The first loan was issued on March 28, 2005 to the cashier of the Tamanno credit group of the Javanese district, Zoirova Ruzigul, in the amount of 5700 somoni.
15.03.2005
17.10.2008
During the four years of its activity, the Humo Micro Loan Fund expanded its working area and by November 2008 provided access to microfinance services to the poor in 25 districts of the republic and the cities of Dushanbe, Yavan, Kulyab and Kurgan-Tube. At the same time, for the growth of the organization, it is necessary to attract investments, which cannot be done in the status of a public fund. To this end, it was decided to create a new organization "Humo and Partners". After receiving the license of the National Bank of Tajikistan by the new organization on October 17, 2008, the fund transferred the bulk of its assets and liabilities to MCO "Humo and Partners" together with all clients and the work area.
17.10.2008
01.11.2013
On November 1, 2013, the National Bank of Tajikistan issued a license to the Closed Joint Stock Company MDO "HUMO" to carry out micro-credit deposit activities. The day of obtaining the MDO license entered the history of Humo and became a significant event marking the next step in the stable growth and development of the company. Previously, Humo operated under the brand of Micro Credit Organization Humo and Partners LLC, which was established in June 2008. On November 1, 2013, the Fund was reorganized and registered in the Department of Registration of Legal Entities and Private Entrepreneurs of the Tax Committee of the Republic of Tajikistan as Nuri Humo Micro Credit Fund.
01.11.2013

And also on November 1, 2013, the National Bank of Tajikistan issued a license to the Closed Joint Stock Company MDO «HUMO» to carry out micro-credit deposit activities. Previously, Humo worked under the brand of Micro Credit Organization Humo and Partners LLC, which was established in June 2008

 

The main activity of the Nuri Humo Micro-Credit Fund is the provision of micro-loans to the population of the Republic of Tatarstan (secured and unsecured).