Davronbek I. lives in Chaldovar village, in the northern part of Kyrgyzstan. He is married and has two children. Davronbek was born into a family of farmers and was the main helper to his parents in farming and cattle breeding. That allowed him to gain a wide experience in these activities.
In 2000, in order to find the earnings required to support his family, Davronbek decided to start his own business in cattle breeding. Using the money, which he had put aside for a rainy day, Davronbek bought one milch cow. Owing to his persistent and hardworking personality, Davronbek managed to multiply his investments. Today, his farm has five milch cows and two bulls.
Davronbek is applying for a loan of 100,000 KGS to buy one milch cow and bull-calves. With the revenue, he plans to broaden his business by purchasing more cattle for fattening. In future, Davronbek plans to move near Karabalta town, where his children could go to a good school.
Bai-Tushum and Partners is one of the leading Microfinance Institutions in Kyrgyzstan. As a reliable financial partner, Bai-Tushum 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.