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Satinsa

Update on Satinsa

Satinsa successfully completed her previous project. She now owns eight cows and 25 sheep and makes a monthly income of 8,500 som (KGS).

Satinsa has turned to Bai Tushum & Partners for a new loan of 55,000 som (KGS). She will use this loan to buy some cows and young bulls. She plans to use her earnings to repair her house.
View original language description ↓
Сатинса успешно завершила предыдущий проект. На сегодняшний день в хозяйстве Сатинсы имеется 8 коров и 25 овец.На сегодняшний ежемесячный доход составляет 8,500 KGS. Сатинса обратилась в компанию «Бай – Тушум и Партнеры» за кредитом в сумме 55,000 сом (KGS) на покупку коров и бычков.Доходы планирует вложить в ремонт дома.

Previous Loan Details

Satinsa is a 60-year-old married woman. The animal husbandry business was set up 20 years ago and today is the main source of income for Satinsa's family. Satinsa managed to expand the farm, which was started with the sum of 2,000 som (KGS). Today it brings in around 5,000 som (KGS) per month fro... More from Satinsa'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
  • 182
    View loans »
    Kyrgyzstan Loans Fundraising
  • $9,866,125
    Funds lent in using Kiva
  • 47.7
    Kyrgyzstan Soms (KGS) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,175 helped Satinsa to purchase cows and bulls.
98% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Feb 7, 2013
Listed
Feb 22, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014