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Azizakhan

Update on Azizakhan

Azizakan is thankful to all the Kiva investors for their support. She was able to receive a good return on her loan, and to pay off her children's educational contracts. In order to further develop her business, Azizakan has turned to Bai Tushum and Partners for a loan of 60,000 to prepare for spring field work. With the funds from the loan, she plans to buy seeds and fertilizers.
View original language description ↓
Азизакан благодарит от всей души всех инвесторов КИВА за то, что поддержали ее. Она смогла получить хороший доход от кредита. Она смогла оплатить контракт детей. В целях дальнейшего расширения бизнеса, Азизакан обратилась в компанию «Бай Тушум и Партнеры» за кредитом в сумме 60,000 сом (KGS)на подготовку к весенне полевым работам. На заемные средства планирует приобрести семена и удобрений.

Previous Loan Details

Azizakhan is 53 years old and has four children. She has been involved in animal husbandry and farming since 2000. The business, started with a sum of 5,000 som (KGS), currently has two dairy cows and thirty sheep and yields about 5,000 som (KGS) per month from sales of milk and meat products. ... More from Azizakhan'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

  • $2,100
    Average annual income
  • 151
    View loans »
    Kyrgyzstan Loans Fundraising
  • $10,141,850
    Funds lent in using Kiva
  • 47.7
    Kyrgyzstan Soms (KGS) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,275 helped Azizakhan to purchase seeds and fertilizers.
98% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Feb 13, 2013
Listed
Feb 22, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014