Altynbubu K. is 59 years old and is widowed. She has four grown children; her youngest son lives with her and helps in the household.
Altynbubu got married and had lived with her husband in a happy marriage for a long time but, unfortunately, in 2000 her husband died of heart disease.
To find additional means of income, she decided to continue the business of cattle breeding which was started by her deceased husband. Due to their vast experience in this activity, Altynbubu’s family managed to maintain the farm with 10 sheep and bull calves. In 2009, her son sold most of their cattle and bought a truck, which is now used in a transportation service by him.
Now Altynbubu is applying for a loan of 100,000 Kyrgyz Soms to buy two cows and spares to repair the truck. Altynbubu is an optimistic woman and believes that her tireless efforts will lead her family to a more prosperous life.
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 needs 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.