Nasipkan B. is a 52-year-old farmer with two children. Nasipkan’s husband is also engaged in livestock breeding. During 28 years of their marriage, they have been supporting each other in all activities, which serves as the best example of a happy couple for their children.
To find means of income for the family, in 1998, Nasipkan and her husband started to breed cattle, using their start-up capital of only 5,000 KGS. Today Nasipkan has a small farm and manages to earn about 6,000 KGS monthly by selling meat products at the local market.
Nasipkan is applying for a loan of 100,000 KGS to buy livestock to fatten and resell. With the revenues from this investment, Nasipkan dreams of buying a house for her son.
Bai-Tushum and Partners uses Kiva funding to target the most vulnerable population. Bai-Tushum and Partners is one of the leading micro-finance institutions in Kyrgyzstan. As a reliable financial partner, Bai-Tushum contributes to the economic development of the Kyrgyz Republic through the delivery of micro-finance services in rural and urban areas that leads to increased employment and meets 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.