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Nuriyla
Nuriyla K., 38, is married and has three children. She was born in the north of Kyrgyzstan and got married there. In 1995, she and her family moved to Belovodskoe, near the capital Bishkek. They rented a room and started to work at the local grocery store - Nuriyla as a seller and her husband as a guard. After five years, when their life became stable, Nuriyla decided to start her own business selling clothes at the local market. Her start as an entrepreneur was successful due to strong effort and hard work. With an initial capital of 20,000 KGS, she managed to develop her business and purchase a small selling venue at the market. With the great support of her husband, Bolot, and her elder daughter, Altynay, this activity became a good example of a family business. With the revenues, Nuriyla and Bolot bought a house and held their daughter’s marriage.

Nuriyla has now applied for a loan of 80,000 KGS to expand her assortment of goods. With the revenues, she plans to purchase the neighboring premises to enlarge the scale of her business. In the future, Nuriyla dreams of opening a big shop with different kinds of clothes.

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
  • 179
    View loans »
    Kyrgyzstan Loans Fundraising
  • $9,866,125
    Funds lent in using Kiva
  • 47.4
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,700 helped Nuriyla to expand her assortment of goods.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jan 29, 2011
Listed
Mar 1, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2012