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This loan is part of Bai Tushum's program targeting individuals and communities affected by crises like violence during political events, natural disasters, severe weather conditions, or animal epidemics. These communities need to restore lost business or reconstruct damaged property. The program includes up to 15% reduction in annual interest rates and a 5% rebate at the end of loan terms if all repayments are made on time. By funding this loan, you are helping to build opportunities for vulnerable populations. These initiatives are aimed at reducing social and ethnic tensions by creating jobs, and supporting self-employment and growth of income.
About Bai Tushum Bank CJSCBai 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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This loan has been fully funded!