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Lira

Update on Lira

In anticipation of spring field work, Lira plans to start cultivating the land. To further grow her business, Lira is asking for a loan of 35,000 KGS to buy seeds, fuel and fertilizer. At the end of the season, she expects the profits from her harvest to be 150,000 KGS.
View original language description ↓
В преддверии весенне полевых работ Лира планирует заняться полеводством. Для дальнейшего развития своего бизнеса, Лира запрашивает кредит в сумме 35,000 сом (KGS) для приобретения семян, ГСМ и удобрений. В конце сезона планирует миеть доход в размере 150,000 KGS.

Previous Loan Details

Lira, 31, is married and lives in the village of Tash-Aryk in the Talas district. Lyra is raising five daughters, two of whom are college students, in her close-knit family. Her husband, Sultanmurat, is the mainstay in her life. In 2000, the couple decided to start a business breeding cattle,… More from Lira'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
  • 85
    View loans »
    Kyrgyzstan Loans Fundraising
  • $9,455,600
    Funds lent in using Kiva
  • 47.7
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Lira to purchase bean seeds, fuels and fertilizers.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2013
Listed
Feb 22, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014
This photo was used before for a previous loan for Lira. It was first posted on Kiva on Jul, 2011. Learn More