Check out other loans that are currently fundraising!
Sovetkan
Sovetkan is 47 years old, married and has two children. Since 1991, Sovetkan has been successfully involved in fattening up and reselling livestock. Starting with a sum of 20,000 som (KGS), Sovetkan was able to develop her business to yield a monthly income of 7,000 som (KGS) and to buy a barn and a house on the outskirts of the village. This location became convenient for feeding livestock and selling milk and meat products. In order to further grow her business, Sovetkan requested a loan in the sum of 55,000 som (KGS) from the "Bai-Tushum and Partners" company. She plans to invest the profits from this loan into increasing livestock headcount and purchase of fodder.
View original language description ↓
Советкан 47 лет, замужем и имеет двух детей. Начиная с 1991 года, Советкан успешно занимается откормом и перепродажей скота. Стартовав с начальной суммой 20,000 сом (KGS), Советкан сумела развить хозяйство с ежемесячным доходом в сумме 7,000 сом (KGS) и приобрести кошару и дом на окраине села. Такое местоположение стало удобным для выпаса скота и продажи молочных и мясных продуктов. Для дальнейшего роста своего бизнеса, Советкан обратилась в компанию «Бай – Тушум и Партнеры» за кредитом в сумме 55,000 сом (KGS). Доходы от кредита Советкан планирует вложить в увеличение поголовья и закупку корма .

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
  • 157
    View loans »
    Kyrgyzstan Loans Fundraising
  • $10,457,400
    Funds lent in using Kiva
  • 45.1
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Sovetkan to purchase cattle.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Sep 20, 2011
Listed
Oct 1, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012