Update on AidaAida is 27 years old, and not married. Aida is a very cheerful girl by nature. Her optimism and kindness has no boundaries. Aida's neighbors speak about her as a sympathetic and hardworking girl. After primary school, Aida went to a technical high school.
In search of a main income for her family, Aida started working with livestock breeding. Having started her business in 2006 with 10,000 som (KGS), it currently brings in around 20,000 som (KGS) per month from the reselling of livestock and the sale of milk. Thanks to Aida's persistent work, her farm counts four bulls and one cow.
With an aim to further develop her business, Aida turned to the organization "Bai Tushum & Partners" for a loan in the amount of 50,000 som (KGS) for the purchase of two bulls at a very low price. Aida plans to invest the income in further developing her business through increasing the number of livestock. She plans to realize her old dream of buying a car.
Previous Loan DetailsAida is 27 years old, single, and lives with her parents in the village of Petrovka. She was born in the Osh region (south of Kyrgyzstan) in a farming family, and from the early years was involved in growing fruit and vegetables that were then sold at the local market. At the same time the family… More from Aida's previous loan »
About Bai Tushum Bank CJSCBai 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.
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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