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Amanaly
Amanaly is a 62-year old retiree who lives with his family in the village of Kokzhar in the south of Kyrgystan. 15 years ago he launched his cattle raising business with a starting capital of 10,000 KGS. Tireless work and dedication allowed him to grow his business, which now brings him a monthly income of 20,000 KGS. The family also started farming and gardening, and the income proved a good help in paying for their children’s education.

In order to develop his business further, Amanaly turned to “Bai Tushum & Partners” for a loan in the amount of 100,000 KGS in order to buy dairy cows. The revenues from selling dairy products will allow Amanaly to pay for the wedding of his younger son Asan. In the future, Amanaly plans to create his own farm, where his son will be his main assistant.
View original language description ↓
Аманали 62 – летний пенсионер, живущий со своей семьей в селе Кокжар на юге Кыргызстана. 15 лет назад Аманали начал свой бизнес в разведении скота с суммы 10,000 сом (KGS). Неустанный труд и преданность своему делу позволили ему развить хозяйство с ежемесячной прибылью в сумме 20,000 сом (KGS). Также семья занялась полеводством и садоводством, доходы от которых стали хорошим подспорьем в оплате образования детям.
Для дальнейшего развития бизнеса Аманали обратился в компанию «Бай -Тушум и Партнеры» за кредитом в сумме 100,000 сом (KGS) на покупку дойных коров. Доходы от продажи молочных продуктов помогут Аманали женить младшего сына Асана. В будущем Аманали планирует создание своего фермерского хозяйства, где главным помощником станет его сын.

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

  • $2,500
    Average annual income
  • 82
    View loans »
    Kyrgyzstan Loans Fundraising
  • $10,779,400
    Funds lent in using Kiva
  • 45.0
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,225 helped Amanaly to purchase cattle.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 9, 2011
Listed
Sep 8, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2012