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Karypbek
Karypbek K. is 46 years old, married and has four children. He is engaged in a transportation service but, in order to find additional means of subsistence for his family, Karypbek also breeds livestock. His wife works at the local hospital as a cleaner and also helps her husband with the farming. Karypbek started this business with initial capital of 2,000 KGS and now manages to earn about 4,000 KGS monthly.

Karypbek plans to use this loan of 85,000 KGS to buy three bull-calves and nine sheep. With the revenues, Karypbek wants to broaden his farm, which will allow him to pay for a good education for his children. Karypbek is a very hardworking person, who believes that his efforts will lead his family to a prosperous future.

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

  • $2,100
    Average annual income
  • 163
    View loans »
    Kyrgyzstan Loans Fundraising
  • $10,020,325
    Funds lent in using Kiva
  • 47.3
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,800 helped Karypbek to purchase cattle.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jan 12, 2011
Listed
Feb 1, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012