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Karagul
Karalgul is seventy-nine and retired after forty-nine years teaching high school geography and becoming a Kyrgyz Republic "Outstanding Achiever in Education." He is known as a principled, driven, and responsible man.

In 1992, in pursuit of additional means to support his large family, Karagul started a livestock business. With 45,000KGS in initial capital, he managed to turn his farm into a successful establishment with two horses, fifteen sheep, five goats, and a cow. Thanks to profits from managing the business, Karagul was able to help his children get their own houses. Nowadays, Karagul has income from selling milk and meat products on the order of 15,000KGS per month.

Karagul has come to Bai Tushum and Partners for a loan of 40,000KGS to buy two calves so he can increase his earnings, which he plans to use to do repairs on his house.
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Карагулу – 79 лет, пенсионер. Карагул , отдавший 49 лет преподаванию географии в местной школе, является Отличником Образования Кыргызской Республики и известен как человек принципиальный, целеустремленный и ответственный. В 1992 году, в целях изыскания дополнительных средств к существованию для своей большой семьи, Карагул начал бизнес в животноводстве. Начав со стартового капитала в сумме 45,000 сом (KGS) , Карагул сумел превратить свою ферму в преуспевающее хозяйство, поголовье которого состоит из 2 лошадей, 15 овец, 5 коз и одной коровы. Благодаря прибыли от ведения хозяйства, Карагул смог помочь своим детям обзавестись собственным жильем. На сегодняшний день, Карагул имеет прибыль от продажи молочных и мясных продуктов в сумме 15,000 сом (KGS) ежемесячно. В целях дальнейшего развития своего бизнеса, Карагул обратился в компанию «Бай – Тушум и Партнеры» за кредитом в сумме 40,000 сом (KGS) на покупку 2 телят. Прибыль Карагул планирует использовать на ремонт дома.

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
  • 207
    View loans »
    Kyrgyzstan Loans Fundraising
  • $9,805,850
    Funds lent in using Kiva
  • 45.1
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Karagul to purchase cattle.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 22, 2011
Listed
Sep 15, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012