Check out some available loans that are similar to this one!
Turatbek
Turatbek is 43 years old, married and has three children, two of whom attend school. In search of a financial support for his children, Turatbek started his animal husbandry (fattening up and reselling livestock) business. Having started with an initial sum of 10,000 som (KGS), Turatbek was able to develop his business, which now has 4 cows, 20 sheep and 1 horse and a monthly profit of 12,500 som (KGS). Turatbek sells fattened-up livestock at a livestock market. His property also includes land, where he sows cereal crops and sainfoin. He sells the harvest to his regular wholesale buyers. In order to further increase his livestock headcount, Turatbek requested a loan in the sum of 100,000 som (KGS) from the "Bai-Tushum and Partners" company to buy additional livestock for fattening up. He plans to use the expected profit to stock up on fodder and hay for the winter in order to sell fattened up livestock at good prices in the spring.
View original language description ↓
Туратбеку 43 года, женат и имеет троих детей, двое из которых школьники. В поисках источника финансирования для своих детей, Туратбек начал бизнес в животноводстве - откорме и перепродаже скота. Стартовав с начальной суммы в 10,000 сом (KGS), Туратбек сумел развить хозяйство, насчитывающее 4 коровы, 20 баранов и 1 лошадь с ежемесячной прибылью в сумме 12,500 сом (KGS). Откормленный скот Туратбек продает в живом виде на скотном рынке. Также, в наделе имеется земля, где Туратбек сеет зерновые культуры и эспарцет, урожай продает постоянным оптовым покупателям.
Для дальнейшего увеличения поголовья скота, Туратбек обратился в компанию «Бай – Тушум и Партнеры» за кредитом в сумме 100,000 сом (KGS) для закупа дополнительного поголовья скота для откорма. Планируемую прибыль Туратбек намерен использовать для заготовки кормов и сена на зиму, чтобы весной продать откормленный скот по хорошей цене.

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
  • 135
    View loans »
    Kyrgyzstan Loans Fundraising
  • $10,115,975
    Funds lent in using Kiva
  • 45.8
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,200 helped Turatbek to purchase additional livestock.
100% repaid
Repayment Term
19 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 4, 2011
Listed
Nov 11, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012