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Akylbek
Akylbek is a 36 year-old farmer, living with his family and two sons, who are seven and five years old, in the the Oi-Tal village (north-eastern part of Kyrgyzstan). In search of a source of income, Akylbek started his own business of breeding livestock, growing and reselling agricultural crops in 1996. Akylbek has apple and pear trees on his plot of land and also devotes special attention to cultivating and growing a particular variety of potatoes that is in higher demand among the local residents. His persistent and tireless labor in the business allows Akylbek to cover his family's and household expenses and also to plan his children's future. In order to further increase his livestock quantity, Akylbek requested a loan in the sum of 80,000 som (KGS) from the "Bai-Tushum and Partners" to buy additional livestock headcount for fattening up. He plans to use the planned profit for the purchase of fodder and hay for the winter, so that he can start reselling livestock in the spring.
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Акылбек 36-летний фермер, живущий в со своей семьей с двумя сыновьями семи и пяти лет в селе Ой- Тал (северо-восточная часть Кыргызстана). В поисках источника дохода, в 1996 года Акылбек начал свой бизнес в разведении скота, выращивании и перепродаже сельхоз продукции. На участке Акылбека имеются яблони и грушевые деревья, а также особое внимание он уделяет культивированию и выращиванию особого сорта картофеля, пользующегося повышенным спросом у местного населения. Упорный и неустанный труд в бизнесе позволяет Акылбеку покрывать расходы своей семьи и хозяйства, а также планировать будущее для своих детей.
Для дальнейшего увеличения поголовья скота, Акылбек обратился в компанию «Бай – Тушум и Партнеры» за кредитом в сумме 80,000 сом (KGS) для закупа дополнительного поголовья скота для откорма. Планируемую прибыль Акылбек намерен использовать для закупа кормов и сена на зиму, чтобы весной начать перепродажу скота.

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
  • 45.5
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,775 helped Akylbek to purchase livestock.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Oct 24, 2011
Listed
Nov 3, 2011
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013