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Konichbek S. is a talented artist with some disabilities. He was born into a large family with seven children and from childhood was compelled to be healed because of poor health. Unfortunately, his sense of hearing seriously suffered and now he needs to use a hearing device. From early childhood, Konichbek had a propensity to fine arts and gave his first performance in 4th grade. After graduating from college, he became an artist and worked as a layout man.

In 1980, Konichbek got married and soon became a father of one son and one daughter. His marriage was very happy, but in 1997 tragedy shattered his life - his beloved wife died and he became a single parent, taking care of his children by himself. Despite his difficulties, Konichbek made every effort to provide his children with all they needed. In order to cover all of his family's expenses, he started to take on different orders, for decorations and interiors. Konichbek also takes part in regional exhibitions and trade fairs, where his work has become very popular and in great demand.

In order to broaden his activities, Konichbek took his first loan from Bai Tushum in order to purchase canvases, pigments and baguettes, which were used as intended and the loan was repaid. Now, Konichbek has applied for a loan of 50,000 KGS to buy artistic materials (colours, canvases, etc), revenues of which will allow him to renovate his studio. In the future, Konichbek dreams of showing his paintings in international exhibitions under his motto: “Cooperation leads to the peace of the world”.

Bai-Tushum and Partners uses Kiva funding to target the especially vulnerable population. 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.

Additional Information

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.

About Kyrgyzstan

  • $2,500
    Average annual income
  • 72
    View loans »
    Kyrgyzstan Loans Fundraising
  • $11,300,500
    Funds lent in using Kiva
  • 47.4
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Konichbek to purchase materials.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Dec 15, 2010
Jan 14, 2011
Currency Exchange Loss:
Jan 15, 2012