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Kuttubek is working as a teacher of chemistry at school in the village of Kara-Suu in northern Kyrgyzstan. He is 33 years old, he is married and has three young children.

Due to the fact that his salary did not cover all expenses of the family and by searching for an additional source of income Kuttubek began to breed cattle. Starting his business with a starting amount of 25,000 KGS Kuttubek made ​​every effort to grow his business which to date brings a profit of 3,000 soms per month from the sale of meat and dairy products. For further development of his business Kuttubek has come to Bai Tushum and Partners for a loan in the amount of 80,000 som (KGS) for the purchase of dairy cows.

In the future, Kuttubek plans to expand the number of livestock in order to increase sales of milk.
View original language description ↓
Куттубек работает преподавателем химии в школе села Кара-Суу, что на севере Кыргызстана. Ему 33 года, женат и воспитывает трех детей дошкольного возраста.
В связи с тем, что его заработная плата не покрывала всех расходов семьи, Куттубек, в поисках дополнительного источника дохода, начал заниматься разведением скота. Начав свой бизнес со стартовой суммой 25,000 сом , Куттубек приложил все усилия для развития своего бизнеса, приносящего на сегодняшний день прибыль в 3,000 сом ежемесячно от продажи молочных и мясных продуктов. Для дальнейшего развития своего бизнеса, Куттубек обратился в компанию «Бай – Тушум и Партнеры» за кредитом в сумме 80,000 сом (KGS) на покупку дойных коров.
В будущем, Куттубек планирует расширять поголовье скота, с целью повышения продаж молока.

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
  • 82
    View loans »
    Kyrgyzstan Loans Fundraising
  • $10,761,325
    Funds lent in using Kiva
  • 46.8
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,725 helped Kuttubek to purchase cattle.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Nov 30, 2011
Dec 8, 2011
Currency Exchange Loss:
Dec 17, 2013