Now Kadirmat plans to use this loan of KGS 75,000 to buy five bull-calves for fattening and reselling. In the future, Kadirmat plans to provide higher education for his children. Also, Kadirmat wants to buy a minivan in order to help his elder son to start his own business in transportation.
Bai Tushum and Partners uses Kiva funding to target especially vulnerable people. 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 CJSCBai 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.
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