Kakin A. is 54, widowed, and has five children. She has been engaged in cattle breeding and land cultivating since 1994. Her elder son Abylgazy is her main helper, who in spite of his disability, makes every effort to provide his family with all they need.
Kakin and her son cultivate beans and potatoes and also run a farm with one milk cow and twenty sheep. These activities allow them to earn about 6,500 KGS a month. Kakin plans to use her loan of 120,000 KGS to purchase milk cows, which will allow her to increase her milk and meat sales. With the revenues, she plans to help her son build a barn for the cattle and to reconstruct her house.
About Bai-Tushum and Partners:
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.
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.