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Toktokhan

Update on Toktokhan

Toktokhan is very grateful to all who supported her. She is very pleased with the results of her first project.

Toktokhan is once again turning to Kiva for assistance, but this time she plans to increase her profits by purchasing a horse. After fattening the animal, she will sell it at a higher price. In order to implement this plan, she needs 50,000 KGS.

This year, Toktokhan is planning to hold a wedding for her youngest son.
View original language description ↓
Токтохан очень благодарна всем кто подержал её. Токтохан очень довольна результатами первого проекта. Токтохан повторно обратилась к фонду КИВА за поддержкой, на это раз она планирует увеличить доходы путем приобретения одной лошади. После откорма лошади, она планирует продать её по более высокой цене. Для осуществления данного проекта её необходимо 50,000 KGS.В этом году она планирует женить младшего сына.

Previous Loan Details

Toktokhan is 56 years old, married, and has four children. She works as a medic in a bus station of the Kara-Buura district, but due to a shortage of people in the village, she holds another job as a cashier. Since 2007, in search of an additional source of income for her family, Toktokhan star... More from Toktokhan's previous loan »

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.

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.

About Kyrgyzstan

  • $2,500
    Average annual income
  • 82
    View loans »
    Kyrgyzstan Loans Fundraising
  • $10,761,025
    Funds lent in using Kiva
  • 47.8
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Toktokhan to purchase a horse.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 24, 2013
Listed
Jan 31, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014