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Bakyt
Bakyt is a 27 year old farmer, he is married with one child. Since childhood Bakyt was included in the family farm, which was the main source of income for his own family. Since 2003 Bakyt started fattening and selling cattle with an initial investment amount of 23,000 som (KGS). Because of the tenacity and perseverance in the quest for a decent life for his family Bakyt worked tirelessly. Today, his farm with cows and sheep is developing successfully and brings a monthly income of about 20,000 som (KGS) from the sale of meat and dairy products.

For further development of his business Bakyt has turned to Bai Tushum and Partners for a loan in the amount of 100,000 KGS for the purchase of bulls for fattening. He plans to use the proceeds from the loan in a purchase of construction materials to build a new barn for the livestock.
View original language description ↓
Бакыт 27- летний фермер, женат, имеет одного ребенка. С детства Бакыт был включен в семейное фермерство, что и стало основным источником дохода и для его собственной семьи. С 2003 года Бакыт начал заниматься откормом и перепродажей скота, вложив при этом начальную сумму в 23,000 сом (KGS). Благодаря упорству и настойчивости в стремлении обеспечить достойную жизнь своей семье, Бакыт работал не покладая рук. На сегодняшний день, его ферма с коровами и баранами успешно развивается, принося ежемесячный доход в сумме около 20,000 сом (KGS) от продажи молочных и мясных продуктов.
Для дальнейшего развития своего бизнеса, Бакыт обратился в компанию «Бай – Тушум и Партнеры» за кредитом в сумме 100,000 сом (KGS) на покупку бычков для откорма. Доходы от кредита он планирует направить на закуп стройматериалов для постройки нового сарая для 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
  • 206
    View loans »
    Kyrgyzstan Loans Fundraising
  • $9,713,625
    Funds lent in using Kiva
  • 46.7
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,150 helped Bakyt to purchase cattle.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 22, 2011
Listed
Nov 27, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013