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Mirlan
Mirlan is an entrepreneurial young man who is engaged in cattle breeding. Being a responsible person and grateful son, he stayed in his native village to support his elderly parents. Mirlan started his business using initial capital of 50,000 soms (KGS) and bought cattle. With hard work and great effort, Mirlan managed to increase the number of cattle and today he has one milk cow, one horse, five goats, and five sheep. He earns about 8,000 KGS a month, which was spent on medical treatment for his father.

Mirlan is requesting loan of 50,000 KGS to buy three calves for fattening and reselling. He is eager to broaden his business because he plans to renovate his family’s house and marry his girlfriend.

Bai-Tushum and Partners uses Kiva funding to target an 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
  • 135
    View loans »
    Kyrgyzstan Loans Fundraising
  • $10,115,975
    Funds lent in using Kiva
  • 45.2
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Mirlan to purchase cattle.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jun 7, 2011
Listed
Jun 14, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012