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Lolakhan
Lolakhan is 44 years old, married and has three children. He husband is currently working abroad, in Russia, because he could not find an adequate job at home to be able to provide for his family. Each month, he sends the bulk of his earnings back to his family in Kyrgyzstan. For her part, Lolakhan is not sitting on her hands, she has been selling fruits and vegetables since 2004, using an initial sum of 4,000 som (KGS) as her start-up capital. Lolakhan was able to grow her business to a point where she now has permanent clients and is making 15,000 som (KGS) per month. In order to further expand her business, Lolakhan turned to the mircofinance bank of Bai Tushum & Partners for a loan to purchase fruits and vegetables that she can resell. Some of the profits from her business, Lolakhan is planning to reinvest back into her enterprise and save the rest for the wedding celebration of her oldest son.
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Лолахан 44 года, замужем воспитывает троих детей. Супруг находится на заработках в России, так как здесь у себя на Родине не смог найти подходящую работу, чтобы обеспечить семью. Ежемесячно высылает семье в Кыргызстан большую часть своей зарплаты для поддержания своей семьи. А Лолахан в это время не сидит сложа руки, а занимается торговлей фруктов и овощей с 2004 года, используя в качестве стартового капитала сумму в 4,000 сом (KGS). Сумев развить свой бизнес и обретя постоянных клиентов, Лолахан имеет среднемесячный доход в сумме 15,000 сом (KGS). В целях дальнейшего увеличения и расширения своего бизнеса, Лолахан обратилась в Микрофинансовый банк «Бай-Тушум и Партнеры» за кредитом - для оптовой покупки фруктов и овощей, для дальнейшей розничной продажи населению. Доходы от кредита Лолахан планирует вложить в увеличение товарооборота и накопить деньги на проведение свадебного торжества для старшего сына.

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

  • $2,100
    Average annual income
  • 209
    View loans »
    Kyrgyzstan Loans Fundraising
  • $9,707,750
    Funds lent in using Kiva
  • 49.2
    Kyrgyzstan Soms (KGS) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,025 helped Lolakhan to buy fruits and vegetables for reselling.
97% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 30, 2013
Listed
Jan 12, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 18, 2015