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Melis
Melis is 30 years old. He is married and has one son. In the search of a source of income for his family, since 2007 he started raising livestock and growing farm produce. His wife works as a cook in a local school, at a monthly salary of 2,500 KGS. Melis launched his business with the starting capital of 20,000 KGS; at present his farm brings in a monthly revenue of 8,000 KGS. He has two dairy cows and seven sheep as well as a land plot of 3 ha [7.4 acres] where he grows clover and winter wheat. Melis has been reinvesting his revenues in his agricultural business. In order to develop his farm further, Melis has applied to the “Bai Tushum & Partners” microfinance institution for a loan in the amount of 20,000 KGS to buy a calf. Melis plans to use his revenues for increasing his livestock and also improving the life conditions of his family.
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Мелису 30 лет, женат, имеет 1 сына. В поисках источника дохода для своей семьи, с 2007 года начал заниматься животноводством и полеводством. Супруга работает в местной школе -поваром. Получает зарплату в 2500 сом (KGS). Мелис начал свою деятельность с 20,000 сом (KGS), на сегодняшний день его хозяйство приносит ежемесячную прибыль в сумме 8,000 сом (KGS). В хозяйстве имеется: 2 дойные коровы и 7 овец, а также имеет земельный надел 3,0 ГА, где выращивает клевер и озимую пшеницу. Доходы от хозяйства Мелис вложил в сельхоздеятельность. Для дальнейшего развития своего хозяйства, Мелис обратился в Микрофинансовый банк «Бай – Тушум и Партнеры» за кредитом в сумме 20,000 сом (KGS) для покупки теленка. Доходы от кредита Мелис планирует использовать для увеличения поголовья скота, а также хочет улучшить благосостояние своей семьи.

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.

About Kyrgyzstan

  • $2,100
    Average annual income
  • 125
    View loans »
    Kyrgyzstan Loans Fundraising
  • $9,267,075
    Funds lent in using Kiva
  • 49.0
    Kyrgyzstan Soms (KGS) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $425 helped Melis to buy a calf.
99% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 18, 2013
Listed
Jul 28, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014