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Kubanichbek
Kubanichbek is 31 years old, married, and has three children. He lives with his family in Echki-Bashy village. He graduated from State University and works as a trainer at the local school.


Unfortunately, the salaries of teachers in rural areas are very low and do not cover all household expenses. To create another source of income, in 2001 Kubanichbek started breeding cattle. With initial capital of 25,000 KGS, he bought cattle and managed to enlarge their number. Today he has an income of 8,000 KGS a month.


Now Kubanichbek is requesting a loan of 50,000 KGS to buy more cattle. With the revenues from this loan, Kubanichbek plans to expand his livestock operation.

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
  • 88
    View loans »
    Kyrgyzstan Loans Fundraising
  • $9,447,425
    Funds lent in using Kiva
  • 45.3
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Kubanichbek to buy more cattle.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Jun 24, 2011
Listed
Jul 13, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012