Nurbek M. (42) was born in the south of Kyrgyzstan. Cattle-breeding was the only means of subsistence for his large family. After graduating from secondary school, Nurbek became a tractor driver and helped his family in farming. In 1990, Nurbek got married and during the following three years he became the father of two daughters. In 1992, Nurbek decided to devote his life to maintenance of public order, and got a job as a policeman in a local police office. After two years, Nurbek was promoted to the position of inspector in a juvenile colony in Voznesenovka village, where he worked for 16 years. During these years, his family went through some difficult times – his newly born son died, and his wife went through a complex heart surgery and now requires up to 5,000 Kyrgyz Soms every month for heart medication. Recently, Nurbek retired from the police. Unfortunately, the pension in public order authorities is low (only 3,000 Kyrgyz Soms) and Nurbek decided to start a business in animal breeding.
Using his starting capital of 10,000 Kyrgyz Soms, Nurbek bought 5 goats, and after one year he broadened his business with one dairy cow, two horses and one bull. Nurbek plans to use this loan of 100,000 Kyrgyz Soms to buy four bulls and one dairy cow.
Speaking of his plans for the future, Nurbek dreams of establishing his own minifarm with large numbers of cattle. He also wishes to buy a car some day and take his family on a good vacation.
About Bai Tushum Bank CJSC
Bai Tushum Bank CJSC is a microfinance bank in Kyrgyzstan offering clients a range of products including loans for business development, trade, production, leasing, mortgage, consumption and more. Its portfolio is mostly comprised of group loans that cater to the broadest population of clients. Kiva lenders’ funds help the bank expand its services in remote areas to impact even more vulnerable communities in Kyrgyzstan.