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Chyngyz
Chyngyz is 36 year-old farmer. As the youngest son, he lives with his elderly parents and takes care of them, according to the Kyrgyz tradition. In search of sources of income for this family, Chyngyz started his animal husbandry and farming business in 2007. Thanks to his tenacity and persistence, his business now has 30 heads of sheep and 6 heads of cattle, yielding about 9,000 som (KGS) per month from sales of dairy and meat products. He also works on one hectare of land, where he grows beans and multi-year herbs. Chyngyz also provides tractor driving services for field work during the season. In order to further increase his livestock headcount, he requested a loan in the sum of 80,000 som (KGS) from the "Bai-Tushum and Partners" company to purchase livestock. Chyngyz plans to invest the profit from this loan into further increasing his livestock quantities.
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Чынгыз 36-летний фермер. Чынгыз, как младший сын, согласно кыргызским традициям, живет со своими престарелыми родителями и заботится о них. В поисках средств дохода для своей семьи, в 2007 году Чынгыз начал свой бизнес в животноводстве и полеводстве. Благодаря упорству и настойчивости Чынгыза, его хозяйство на сегодняшний день насчитывает 30 голов баранов и 6 голов коров, приносящее около 9,000 сом (KGS)в месяц от продажи молочных и мясных продуктов. Также, он обрабатывает 1 га земли, где выращивает фасоль и многолетние травы. В сезон, Чынгыз предоставляет услуги тракториста во время полевых работ. В целях дальнейшего увеличения поголовья скота, Чынгыз обратился в компанию «Бай - Тушум и Партнеры» за кредитом в сумме 80,000 сом (KGS) на покупку скота. Доходы от кредита Чынгыз планирует вложить в дальнейшее увеличение количества 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
  • 156
    View loans »
    Kyrgyzstan Loans Fundraising
  • $10,555,225
    Funds lent in using Kiva
  • 46.6
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,725 helped Chyngyz to purchase livestock.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Dec 7, 2011
Listed
Dec 16, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013