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Yaroslav
Yaroslav is a 31-year-old bachelor. He has a partially-completed education as a technologist in light industry, and has rich experience in this field. For the last 3 years, he has been working as the lead specialist in a tailor studio. Having gained a lot of practical experience and a regular clientele, he decided to open his own tailor studio. To start his business, he rented premises and set up the equipment that he had acquired during the time he worked in the first tailor studio. Yaroslav has proven himself to be a well-mannered and positive person. Before he established his own business, he successfully completed courses in the company "Senti" that provides educational classes. In order to provide full service for his clients, Yaroslav needs to buy a buttonhole machine. When he heard about Kiva's advantageous program "Start Up," he approached the Microfinance Bank Bai Tushum & Partners for a loan of 50,000 Kyrgyzstan Som (KGS) to buy one. An analysis of Yaroslav's business plan indicates that he can earn around 20,000 Som per month. He plans to use the income generated by this loan to re-invest in his business and expand it by purchasing one more machine. He is very happy that such a microfinance program exists and is grateful to all sponsors from Kiva and Bai Tushum & Partners.
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Ярославу 31 год, холостой. Ярослав имеет незаконченное образование по специальности технолог легкой промышленности. Имеет большой опыт работы в данной сфере. Последние три года он работал ведущим специалистом в аналогичном ателье. Наработав достаточный опыт и клиентов он решил открыть свое ателье. Для начала бизнеса он арендовал помещение и привез все оборудование которое он приобрел в течении всего времени работы в ателье.
За время анализа Ярослав показал себя как очень воспитанный и позитивный человек. Прежде чем начать бизнес и обратится в Микрофинансовый банк "Бай Тушум и партнеры" Ярослав успешно прошел обучение в компании "Сенти", которая предоставляет образовательные услуги. Для того чтобы в полной степени выполнять заказы Ярославу необходима глазково-петельная машина. Ярослав услышав о льготной программе КИВА "СтартАп" обратилася в Микрофинансовый банк «Бай –Тушум и Партнеры» за кредитом в сумме 50,000 сом (KGS) на покупку глазково-петельной машины. Изучив его бизнес план Ярослава, он сможет получать около 20,000 KGS в месяц. Доходы от кредита Ярослав планирует вложить в дальнейшее увеличение своего бизнеса за счет покупки еще одной машинки. Он очень рад что существует такая программа, и благодарит от всех инвесторов КИВА и Микрофинансовый банк «Бай –Тушум и Партнеры».

Additional Information

More information about this loan

This loan is part of Bai Tushum’s efforts to help borrowers start their own businesses, change their specialty or find a new source of income. The program includes a 15% reduction in annual interest rates and a 2% rebate at the end of loan terms if all repayments are made on time. By funding this loan, you are helping to address the needs of a new generation of entrepreneurs entering the agricultural sector and services sector, and helping to provide significant job-creating potential with a focus on sustainable development.

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
  • 160
    View loans »
    Kyrgyzstan Loans Fundraising
  • $9,547,825
    Funds lent in using Kiva
  • 47.7
    Kyrgyzstan Soms (KGS) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,050 helped Yaroslav to purchase buttonhole machine to start his own sewing business.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 26, 2013
Listed
Feb 23, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014