Check out some available loans that are similar to this one!
Umut is 63 year sold, married and a mother-hero. She and her husband are raising 11 children. Umut has a secondary-specialized education. She graduated from a co-operative college in 1972. She worked as a salesperson at various organizations from 1972-1993. Her husband and she decided to get involved in animal husbandry and farming in 1993. The spouses have an optimistic outlook and progress in life. They know precisely what they want and achieve everything with their own efforts, and also know how to correctly use and plan financial means for achieving set goals. They started this business with 1,000 som (KGS). They have a lot of experience in breeding and keeping livestock and in farming. Thanks to Umut's and her large and friendly family's hard work, their business now contains two dairy cows, two horses, one mare, four calves, forty sheep, thirty lambs, and also a 1.5 hectare land plot, where they annually grow potatoes and corn. Her business yields about 30,000 som (KGS) per month, which serves as a basis for covering expenses for food and basic needs of the large family. In order to further develop her business, Umut requested a loan in the amount of 130,000 som (KGS) from the microfinance bank "Bai-Tushum and Partners" to buy cows. She plans to invest the earnings from the loan into a continued increase of her business.
View original language description ↓
Умут 63 года, замужем, мать-героиня, вместе с мужем воспитывают 11 детей. Умут имеет средне-специальное образование. В 1972 году окончила кооперативный техникум. С 1972-1993 годы работала продавцом в разных учреждениях. С 1993 года вместе с мужем решили заняться животноводством и полеводством. Супруги оптимистично смотрят и идут по жизни. Знают конкретно чего хотят и добиваются всего своими силами, а также знают как правильно использовать и планировать денежные средства для достижения поставленных целей. Начали этот бизнес с 1,000 сом (KGS). Опыт в разведении и содержании скота, а также в полеводстве очень большой. Благодаря упорному труду Умут и ее большой и дружной семьи, в хозяйстве у них имеется: 2 дойные коровы, 2 лошади, 1 кобыла, 4 теленка, 40 овец, 30 ягнят, также имеет земельный надел, размером 1,5 ГА на которой ежегодно выращивают картофель и кукурузу. Ее хозяйство приносит около 30,000 сом (KGS) в месяц, что служит основой для покрытия расходов на питание и бытовые нужды большой семьи. В целях дальнейшего развития своего хозяйства, Умут обратилась в Микрофинансовый банк «Бай –Тушум и Партнеры» за кредитом в сумме 130,000 сом (KGS) на покупку коров. Доходы от кредита Умут планирует вложить в дальнейшее увеличение своего хозяйства.

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

  • $2,500
    Average annual income
  • 73
    View loans »
    Kyrgyzstan Loans Fundraising
  • $10,958,050
    Funds lent in using Kiva
  • 48.5
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,700 helped Umut to buy cows.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Aug 21, 2013
Aug 27, 2013
Currency Exchange Loss:
Jan 18, 2015