Check out some available loans that are similar to this one!
Kutmanaly is 50 years old, married and has five children. In search of a financial source for his family, he started his own business of breeding livestock and reselling agricultural crops 22 years ago. Kutmanaly used an initial sum of 3,000 som (KGS) to buy a cow and was able to grow his business since then to include four cows and sheep today. Thanks to the monthly profit of about 20,000 som (KGS), he covers his family's daily expenses and saves money for his youngest son's education. In order to further develop his business, Kutmanaly requested a loan in the sum of 100,000 som (KGS) from the "Bai-Tushum and Partners" to buy livestock for fattening up and resale. In the near future, Kutmanaly's family plans to increase livestock headcount.
View original language description ↓
Кутманали 50 лет, женат, воспитал пятерых детей.
В поисках источника финансирования своей семьи, 22 года назад Кутманали начал свой бизнес в разведении скота и перепродаже сельхоз продукции. Кутманали использовал стартовую сумму в 3,000 сом (KGS) на покупку коровы, и сумел развить свое хозяйство, имеющее на сегодняшний день четыре коровы и баранов. Благодаря ежемесячной прибыли в сумме около 20,000 сом (KGS), Кутманали покрывает ежедневные расходы своей семьи и откладывает деньги на обучение для младшего сына. В целях дальнейшего развития своего бизнеса, Кутманали обратился в компанию «Бай – Тушум и Партнеры» за кредитом в сумме 100,000 сом (KGS) на покупку скота для откорма и перепродажи. В ближайшее время, при помощи доходов от кредита, семья Кутманали планирует увеличивать поголовье домашней скотины.

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
  • 70
    View loans »
    Kyrgyzstan Loans Fundraising
  • $11,315,525
    Funds lent in using Kiva
  • 46.7
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,150 helped Kutmanaly to purchase livestock.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Nov 23, 2011
Nov 28, 2011
Currency Exchange Loss:
Dec 17, 2013