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Urmatkan
Urmatkan is 41 years old, a widow, and has three sons and two daughters. After her husband's death, she became the sole breadwinner for the family. Urmatkan was searching for a source of income for her family, and thereby began selling groceries. She started her business with 1,000 KGS in 1995. She rents her grocery shop. Through her hard work, Urmatkan was able to develop and expand her product line. Her business brings in about 15,000 KGS per month, which pays for all of the food and household needs of the family. The income generated by her business has allowed Urmatkan to expand her business. In order to further develop her business, Urmatkan approached the microfinance bank "Bai Tushum and Partners" for a loan of 130,000 KGS to buy wholesale food products for resale. The income from the loan will help Urmatkan increase sales in her grocery store. The resulting profit will help her raise and educate her children well.
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Урматкан, 41 год, вдова, имеет 3 сыновей и 2 дочерей. После смерти мужа, кормильца семьи в поиске доходов для своей семьи Урматкан стала заниматься торговлей продуктов питания, начав этот бизнес с 1,000 сом KGS в 1995 году. Магазин у нее арендованный, реализует продукты питания. Благодаря упорному труду Урматкан, она смогла развить и расширить свой товар, ее деятельность приносит около 15,000 сом KGS в месяц, что служит основой для покрытия расходов на питание и бытовые нужды семьи. Доходы от бизнеса позволили Урматкан расширить свой товарооборот. В целях дальнейшего развития своего бизнеса, Урматкан обратилась в Микрофинансовый банк «Бай –Тушум и Партнеры» за кредитом в сумме 130,000 сом (KGS) на покупку оптовых продуктов питания для дальнейшей перепродажи. Доходы от кредита помогут Урматкан увеличить товарооборот в продуктовом магазине, а также полученная прибыль поможет растить и обучить детей в хороших условиях.

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.

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About Kyrgyzstan

  • $2,500
    Average annual income
  • 154
    View loans »
    Kyrgyzstan Loans Fundraising
  • $10,555,225
    Funds lent in using Kiva
  • 49.3
    Kyrgyzstan Soms (KGS) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $2,650 helped Urmatkan to buy food for resale.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 6, 2013
Listed
Sep 17, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014