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Munarbek
Munarbek is 37 years old, married, and together with his wife, is raising four children. Munarbek has a secondary education. As the main source of income for his family, Munarbek practices livestock breeding. He started this business 10 years ago, with an initial purchase of cattle in the amount of 15,000 som (KGS). Thanks to Munarbek's hard work, he currently has 1 mare, 4 sheep, and 5 goats on his farm, as well as a garden in which he grows apples and plums. After gathering his harvest, Munarbek sells these apples and plums on the market to wholesale buyers. His harvest brings in a small profit. In his spare time, Munarbek also works as a taxi driver, offering his taxi services to the local population. His monthly income is 10,000 som (KGS). For the purpose of further developing his business, Munarbek turned to Microfinance Bank "Bai Tushum and Partners." He is requesting a loan to buy horses to increase the size of his herd. Munarbek plans to invest the earnings from the loan in the further acquisition of livestock.
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Мунарбек 37 лет, женат, вместе с супругой воспитывают 4 детей. У Мунарбека - среднее образование, в качестве основного дохода для своей семьи Мунарбек занимается животноводством, стартовав 10 лет назад, с покупки скота на 15,000 сом KGS. Благодаря упорному труду Мунарбека, в его хозяйстве на сегодняшний день имеется: 1 нетель, 4 овцы, 5 коз, а также имеет сад, где растут яблони и сливы. После сбора урожая Мунарбек реализует яблоки и сливу на рынке оптовым покупателям. Урожай приносит небольшой доход. Также в свободное время Мунарбек таксует, то есть предоставляет услуги такси местному населению. Ежемесячный доход составляет 10,000 сом (KGS). В целях дальнейшего развития своего хозяйства, Мунарбек обратился в Микрофинансовый банк «Бай –Тушум и Партнеры» за кредитом - на покупку лошади для увеличения поголовья скота. Доходы от кредита Мунарбек планирует вложить в дальнейшее приумножение количества домашней скотины.

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
  • 167
    View loans »
    Kyrgyzstan Loans Fundraising
  • $10,542,725
    Funds lent in using Kiva
  • 49.0
    Kyrgyzstan Soms (KGS) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,025 helped Munarbek to buy horses.
93% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Nov 29, 2013
Listed
Dec 5, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014