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Alchynbay is a 46 year old farmer. The main activity of Alchynbay is livestock and arable farming. In 2003 in search of a source of income for his family Alchynbay organized his own farm having started with the sum of 18,000 soms (KGS) and began raising livestock and arable farming. Today his farm brings about 12,000 som (KGS) per month. For further development of his business Alchynbay has come to Bai Tushum & Partners for a loan in the amount of 80,000 KGS to buy more cattle. In the future Alchynbay plans to expand the headcount of cattle.
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Алчынбай - 46 летний фермер. Основная деятельность Алчынбая – животноводство и полеводство. В 2003 году, в поисках источника дохода для своей семьи, Алчынбай организовал собственное хозяйство и начал заниматься разведением скота и полеводством, стартовав с суммой в 18,000 сом (KGS). На сегодняшний день, хозяйство Алчынбая приносит около 12,000 сом (KGS) ежемесячно. Для дальнейшего развития своего бизнеса, Алчынбай обратился в компанию «Бай – Тушум и Партнеры» за кредитом в сумме 80,000 сом (KGS) на покупку дополнительной скотины. В будущем, Алчынбай планирует расширять поголовье 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

  • $2,500
    Average annual income
  • 84
    View loans »
    Kyrgyzstan Loans Fundraising
  • $10,761,025
    Funds lent in using Kiva
  • 46.7
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,725 helped Alchynbay to purchase cattle.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Nov 23, 2011
Nov 28, 2011
Currency Exchange Loss:
Dec 17, 2013