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Gulzat
Gulzat is 35 years old, married and is raising three school age children. While looking for a source of income for her family Gulzat started her business in 2008 doing animal husbandry with a starting capital of 20,000 som (KGS). Today Gulzat's business has one horse, five sheep, five goats and two cows bringing around 10,000 KGS monthly from the sale of milk and dairy products. The desire to save some money for her children's education pushed Gulzat to expand her business and open a food stall. With the goal to increase her working capital Gulzat has come to Bai Tushum and Partners for a loan in the amount of 75,000 KGS which will let her expand the variety of products and acquire new customers. Gulzat plans to partially invest the income from the loan to buy building materials to build a shed for the livestock and partially into the growth of her retail business.
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Гулзат 35 лет, замужем, воспитывает трех детей - школьников. В 2008 году, в поисках источника дохода для своей семьи, Гулзат начала свой бизнес в животноводстве, использовав на эту цель стартовую сумму в 20,000 сом (KGS). На сегодняшний день, в хозяйстве Гулзат имеется 1 лошадь, 5 овец, 5 коз и 2 коровы, приносящие около 10,000 сом в месяц от продажи молока и молочных продуктов. Желание накопить средства для обучение детей подтолкнуло Гулзат на расширение бизнеса за счет открытия продуктового ларька. В целях увеличения оборотных средств, Гулзат обратилась в компанию «Бай – Тушум и Партнеры» за кредитом в сумме 75,000 сом (KGS), что позволит ей расширить ассортимент продуктов и обрести новых клиентов. Доходы Гульзат планирует частично вложить в закуп стройматериалов для постройки кошары, и часть – в развитие бизнеса в торговле.

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
  • 46.6
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,625 helped Gulzat to expand the variety of products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Mar 22, 2012
Listed
Apr 3, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013