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Rysbek is 41 years old, married and has two school-age children. He graduated from the Agricultural Institute and, having worked for 15 years, gained a reputation of a goal-oriented and persistent person. In 2000, using a starting sum of 50,000 som (KGS), Rysbek opened his own store, where he sells auto parts. Today, his store is known among motorists for its quality goods and affordable prices. In order to further expand his business, Rysbek requested a loan in the sum of 100,000 som from the "Bai-Tushum and Partners" company to broaden his merchandise selection. This would let him increase goods turnover and attract new customers. In the duture, Rysbek dreams of buying a new car.
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Рысбеку 41 год, женат и имеет двоих детей школьного возраста. Рысбек закончил Сельхозинститут и проработав 15 лет, обрел репутацию целеустремленного и упорного человека. В 2000 году Рысбек открыл свой собственный магазин по продаже автозапчастей, использовав стартовую сумму в 50,000 сом (KGS). Сегодня его магазин известен среди автолюбителей качественным товаром и приемлемыми ценами. В целях дальнейшего расширения своего бизнеса, Рысбек обратился в компанию «Бай – Тушум и Партнеры» за кредитом в сумме 100,000 сом на расширение ассортимента товаров. Это позволит ему увеличить товарооборот и привлечь новых клиентов. В будущем, Рысбек мечтает приобрести новый автомобиль.

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
  • 73
    View loans »
    Kyrgyzstan Loans Fundraising
  • $10,941,475
    Funds lent in using Kiva
  • 45.2
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,225 helped Rysbek to broaden an assortment of goods.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Aug 23, 2011
Sep 16, 2011
Currency Exchange Loss:
Sep 15, 2012