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Galmamat
Galmamat is 48 years old, married and the father of six children. In the search of income for his family, Galmamat started his business of fattening and re-selling cattle 7 years ago. Thanks to Galmamat's persistence and perseverance, from starting with the amount of 2,000 som (KGS), the farm today counts 12 sheep and one cow and brings in around 2,000 som (KGS) per month. Galmamat also grows apples, apricots and potatoes, which gives a seasonal income.

In order to further increase the number of livestock, Galmamat turned to the organization "Bai Tushum & Partners" for a loan in the amount of 70,000 som (KGS) for the purchase of additional heads of cattle. Galmamat plans to invest the income from the loan in further increasing the number of livestock.
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Галмамату 48 лет, женат, является отцом шестерых детей. В поисках средств дохода для своей семьи, 7 лет назад Галмамат начал свой бизнес в откорме и перепродаже скота. Благодаря упорству и настойчивости Галмамата, начатое с суммы в 2,000 сом (KGS) хозяйство насчитывает на сегодня 12 голов баранов и одну корову и приносит около 2,000 сом (KGS) в месяц. Также, Галмамат выращивает яблоки, урюк, картошку, что дает прибыль в сезон продаж. В целях дальнейшего увеличения поголовья скота, Галмамат обратился в компанию «Бай - Тушум и Партнеры» за кредитом в сумме 70,000 сом (KGS) на покупку дополнительных голов скота. Доходы от кредита Галмамат 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
  • 162
    View loans »
    Kyrgyzstan Loans Fundraising
  • $10,554,400
    Funds lent in using Kiva
  • 46.5
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,525 helped Galmamat to purchase cattle.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Dec 9, 2011
Listed
Dec 21, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013