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Mukan
Mukan is a 51 year old farmer, married and has two children. After the fall of the Soviet Union Mukan started a livestock business and has been running it successfully for more then 20 years. Profits from his business allowed him to build a better barn for his animals and help his sons start their own households. Currently Mukan owns a cow, a calf, a horse, 10 sheep, 10 lambs and 5 goats, and his business yields a monthly profit of 17,000 som (KGS). To further enlarge his herd, Mukan has turned to "Bai-Tushum and partners" for a loan of 106,000 som (KGS) to purchase additional heads of cattle. Profits from his expanded business Mukan is planning to use for repairs of his house.
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Мукан – 51 – летний фермер, женат, имеет 2 детей. С распадом Союза, Мукан начал свой бизнес в животноводстве и успешно ведет его на протяжении уже 20 лет. Доходы от бизнес – деятельности позволили ему построить сарай для животных и помочь сыновьям обрести собственные семьи. На сегодняшний день хозяйство Мукана, начитывающее 1 корову, 1 бычка, 1 лошадь, 10 овец, 10 ягнят и 5 коз, дает прибыль в сумме около 17,000 сом (KGS)в месяц. Для дальнейшего развития своего бизнеса, Мукан обратился в компанию «Бай – Тушум и Партнеры» за кредитом в сумме 106,000 сом (KGS) на покупку дополнительных голов скота. Доходы он планирует вложить в закупку стройматериалов для ремонта 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
  • 179
    View loans »
    Kyrgyzstan Loans Fundraising
  • $9,866,125
    Funds lent in using Kiva
  • 45.0
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,375 helped Mukan to purchase cattle.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Sep 21, 2011
Listed
Oct 1, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012