Maksat A. is married and has one daughter. He was born in Bokso-Zhol village in a large family and spent most of his time helping his parents in the household, watching his younger siblings, and farming.
After graduating from secondary school, Maksat served in the army and, after returning home, he got a job as an inspector in a local power station. Ten years ago, using his earned savings of 15,000 Kyrgyz soms, he started up his business of cattle breeding.
In 2003, Maksat moved to Kara-Balta town near the capital, Bishkek, with his daughter and wife, who came to work as a nurse. Taking into account that farming is the major means of subsistence of Maksat’s family and his elderly parents, he spends a lot of time improving his farm. Being a persistent and hard-working man, he has developed his farm and presently has five milk cows, twenty sheep, and one horse.
Maksat plans to use this loan of 35,000 Kyrgyz soms to broaden his sheep business. In future, he dreams of buying a car and renovating his house.
About Bai-Tushum and Partners:
Bai-Tushum and Partners uses Kiva funding to target the especially vulnerable members of the population. It is one of the leading microfinance institutions in Kyrgyzstan. As a reliable financial partner, it contributes to the economic development of the Kyrgyz Republic through the delivery of microfinance services in rural and urban areas that lead to increased employment and meet the interests of its clients and investors.
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.