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Manasbek is 43 years old, married and has three children. Nineteen years ago in search of a source of income for his family Manasbek started his business selling food and basic goods using the sum of 5,000 som (KGS). Manasbek's store is known for good quality products which are sold at a low price, which is important for people with low incomes. Through persistence and hard work Manasbek was able to develop his business with a monthly income of about 20,000 KGS.

In order to further develop his business Manasbek turned to Bai Tushum and Partners for a loan in the amount of 100,000 KGS to expand the product range. Manasbek plans to invest the income from loan in the expansion of retail space.
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Манасбеку 43 года, женат и воспитывает троих детей. 19 лет назад, в в поисках источника дохода для своей семьи, Манабек начал свой бизнес в торговле продуктами и товарами повседневного спроса, используя при этом сумму в 5,000 сом (KGS). Магазинчик Манасбека известен тем, что при хорошем качестве товара, он реализует продукты по низкой цене, что важно для людей с небольшим достатком. Благодаря настойчивости и упорному труду, Манасбек сумел развить свой бизнес с ежемесячным доходом около 20,000 сом (KGS).
В целях дальнейшего развития своего бизнеса, Манасбек обратился в компанию «Бай – Тушум и Партнеры» за кредитом в сумме 100,000 сом (KGS) на расширение ассортимента. Доходы от кредита Манасбек планирует вложить в расширение торгового места.

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
  • $10,938,275
    Funds lent in using Kiva
  • 46.7
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,150 helped Manasbek to broaden an assortment of goods.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Nov 23, 2011
Nov 26, 2011
Currency Exchange Loss:
Dec 17, 2013