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Farida
Farida is 49 years old, married, and together with her husband, is raising five children. Farida has a secondary education. As the main source of income for her family, Farida practices livestock breeding and crop farming. She started this business 30 years ago with 1,000 som (KGS). Thanks to Farida's hard work, she currently has 1 milk cow on her farm, as well as a 1.82 hectare plot of land on which she annually grows tomatoes, peppers, cucumbers, cabbage, melons and watermelons for personal consumption and sale. She also has a hothouse on the territory surrounding her home. Her monthly income is 10,000 som (KGS). For the purpose of further developing her business, Farida turned to Microfinance Bank "Bai Tushum." She is requesting a loan to buy fertilizers to cultivate her land, as well as to pay hired workers to cultivate and till her land. Farida plans to invest the earnings from the loan in the further acquisition of livestock. She also intends to save money for her children's education.
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Фариде 49 лет, замужем, вместе с супругом воспитывают 5 детей. У Фариды - среднее образование. В качестве основного дохода для своей семьи Фарида занимается полеводством и животноводством, стартовав 30 лет назад, с 1,000 сом KGS. Благодаря упорному труду Фариды, на сегодняшний день имеется: 1 дойная коровы, 1,82 ГА земельной доли, на которой ежегодно выращивает помидоры, перец, огурцы, капусту, дыню, арбузы для внутрихозяйственного потребления и реализации, также на территории дома расположен парник. Ежемесячный доход составляет 10,000 сом (KGS). В целях дальнейшего развития своего хозяйства, Фарида обратилась в Банк "Бай-Тушум" за кредитом -на покупку удобрений для обработки земли, а также оплату рабочим в обработке и пахоте земли. Доходы от кредита Фарида планирует вложить в приумножение количества домашней скотины, и планирует накопить средства на обучение 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.

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About Kyrgyzstan

  • $2,500
    Average annual income
  • 82
    View loans »
    Kyrgyzstan Loans Fundraising
  • $10,761,025
    Funds lent in using Kiva
  • 52.4
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Farida to buy fertilizers and to pay hired workers to cultivate her land.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Feb 17, 2014
Listed
Mar 4, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014