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Altynchach
Altynchach is fifty-six years old, widowed and has four children. In 1991, searching for a new source of income for her family, Altynchach started her business in animal breeding with a starting capital of 10,000 soms. Thanks to her dedication and hard work, Altynchach was able to expand her business to a monthly income of 7,000 soms from milk and meat product sales. Additionally, she grows cock's head and wheat on a plot of land.
Seeking to expand her business even further, Altynchach approached "Bai Tushum and Partners" with a request for a loan of 100,000 soms in order to purchase bulls and cattle feed aimed at fattening and reselling the livestock.
Altynchach plans to invest profits from the loan into her business.
View original language description ↓
Алтынчач 56 лет, вдова, воспитала 4 детей. В 1991 году, в поисках источника дохода для своей семьи, Алтынчач начала свой бизнес в животноводстве с начальной суммы в 10,000 сом (KGS). Благодаря настойчивости и упорному труду, Алтынчач сумела развить свой бизнес с ежемесячным доходом в 7,000 сом (KGS) с продажи молока и молочных продуктов. Также, Алтынчач возделывает 2 га земли, где сеет эспарцет и пшеницу. В целях дальнейшего развития своего бизнеса, Алтынчач обратилась в компанию «Бай – Тушум и Партнеры» за кредитом в сумме 100,000 сом (KGS)на покупку бычков на откорм и перепродажу. Доходы от кредита Алтынчач планирует вложить в дальнейшее развитие бизнеса.

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
  • 166
    View loans »
    Kyrgyzstan Loans Fundraising
  • $10,492,450
    Funds lent in using Kiva
  • 46.8
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,150 helped Altynchach to purchase livestock.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 26, 2012
Listed
Apr 3, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013