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Nazgul
=Nazgul is 40 years old and she is a widow who is raising four children. Her husband died young and her children were left without their father and the main family breadwinner. It was very hard for Nazgul to survive his death, but she finally got a hold of herself and found some work so she could feed her family. She works in a bakery as a part-time packer on a rotational basis, but unfortunately her salary is not enough to support her family and as a source of additional income she decided to raise animals. She started doing this 15 years ago with the purchase of livestock for 3,000 som KGS. Thanks to her hard work, she now has two cows, ten sheep and she also has a 2.25 hectare plot of land on which she grows wheat and legumes. Her monthly income is 10,000 som (KGS).

With the goal of developing her business further, Nazgul has turned to the microfinance bank "Bai-Tushum and Partners" for a loan to buy bulls to fatten up and sell for a profit at the local market. Nazgul is a very enterprising and industrious woman and she believes that she can do well for her family. She plans to use the income from the loan to further increase her head of livestock and she also intends to raise money to improve her financial situation and to build a good future for her children.
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Назгул 40 лет, вдова, одна воспитывает 4 детей. У Назгул рано умер супруг, дети остались без отца и без главного кормильца семьи. Назгул очень тяжело пришлось пережить эту смерть и в конце-концов она взяла себя в руки и нашла работу, для того чтобы прокормить свою семью. Назгул работает в кондитерской, в качестве упаковщицы посменно, вахтовым методом. Но зарплаты, к сожалению не хватает на содержание семьи и в качестве дополнительного дохода для своей семьи Назгул решила заняться животноводством, стартовав 15 лет назад, с покупки скота на 3,000 сом KGS. Благодаря упорному труду Назгул, в ее хозяйстве на сегодняшний день имеется: 2 нетели, 10 овец, а также имеет земельный надел размером 2,25 ГА, на которой выращивает пшеницу и экспарцет. Ежемесячный доход составляет 10,000 сом (KGS). В целях дальнейшего развития своего хозяйства, Назгул обратилась в Микрофинансовый банк «Бай –Тушум и Партнеры» за кредитом -на покупку бычков для откорма с последующей реализацией на рынке по высокой цене. Назгул очень предприимчивая и старательная женщина, она верит, что у ее семьи все будет хорошо. Доходы от кредита Назгул планирует вложить в дальнейшее приумножение количества домашней скотины, и намерена собрать средства для улучшения финансового состояния и создания хорошего будущего для своих детей.

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.

Tags

About Kyrgyzstan

  • $2,100
    Average annual income
  • 126
    View loans »
    Kyrgyzstan Loans Fundraising
  • $10,053,525
    Funds lent in using Kiva
  • 48.9
    Kyrgyzstan Soms (KGS) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,750 helped Nazgul to buy calves for fattening and resale.
77% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 26, 2013
Listed
Nov 28, 2013
Currency Exchange Loss:
Possible