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Turumkan
Turumkan is 64 years old and the mother of two children. Turumkan's children are adults and they work in Moscow. Turumkan has a secondary-level education and until 1996, she worked on a collective farm. She is a very calm and hardworking person. In search of a source of income for her family, in 1996 Turumkan started her own business in animal husbandry and farming with a starting capital of 2,000 som (KGS). As a result of her persistence and hard work, Turumkan developed her business to where it now has a monthly income of 6,000 som (KGS) from the sale of milk and dairy products.

To increase her family's income, Turumkan must increase the size of her herd. She applied to Bai tushum & Partners for a loan of 120,000 som (KGS) to buy four cows. Going forward, with the additional cows, Turumkan will increase her milk production.
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Турумкан 64 года, мать 2 детей. Дети Турумкан взрослые, они работают в Москве. Турумкан имеет среднее образование, до 1996 года работала в колхозе.По характеру Турумкан человек очень спокойный и трудолюбивый. В 1996 году, в поисках источника дохода для своей семьи, Турумкан начала свой бизнес в животноводстве и полеводстве со стартовой суммой в 2,000 сом (KGS). Благодаря настойчивости и упорному труду, Турумкан сумела развить свой бизнес с ежемесячным доходом в 6,000 сом (KGS) от продажи молока и молочной продукции. Для увеличения дохода семьи, Турумкан необходимо увеличение поголовья скота, Турумкан обратилась в компанию «Бай – Тушум и Партнеры» за кредитом в сумме 120,000 сом (KGS) для приобретения 4 коров. В последующем, с помощью коров она сможет увеличить надои молока.

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

  • $2,100
    Average annual income
  • 149
    View loans »
    Kyrgyzstan Loans Fundraising
  • $9,547,825
    Funds lent in using Kiva
  • 47.3
    Kyrgyzstan Soms (KGS) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $2,550 helped Turumkan to purchase 4 cows.
95% repaid
Repayment Term
25 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Dec 3, 2012
Listed
Dec 20, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014