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Kuluypa is 59 years old. She is a widow and the mother of three. For many years, Kuluypa has been growing farm produce, having started all the way back in 1980. Thanks to Kuluypa’s hard work, at present she earns a revenue of 15,000 KGS per month from selling her produce. Her farm relies exclusively on manual labor. At her land plot of 1.018 ha [2.5 acres], Kulypa grows tomatoes and watermelons; in the fall, she also sells walnuts. In order to develop her business further, Kuluypa has applied to the Bai Tushum microfinance institution for a loan in the amount of 80,000 KGS to buy mineral fertilizers for treating her land. Kuluypa plans to obtain a good harvest and increase her revenue from selling farm produce; she also will spend part of the money to buy livestock. Kuluypa plans to invest her resulting revenues into a new diner. She has been planning to go into the restaurant business for some time now, especially since she grows her own produce. Kulypa believes that this business will bring excellent revenues.
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Кулуйпе 59 лет, вдова, мать троих детей. Кулуйпа на протяжении многих лет занимается полеводством, стартовав в далеком 1980 году. Благодаря упорному труду, Кулуйпа на сегодняшний день имеет прибыль 15,000 сом (KGS)в месяц от продажи произведенных исключительно ручным трудом продуктов. На своем участке мерою 1,018 ГА она выращивает помидоры, арбузы, также осенью продает грецкие орехи. В целях дальнейшего развития своего бизнеса, Кулуйпа обратилась в Банк «Бай –Тушум» за кредитом в сумме 80,000 сом (KGS) на покупку минеральных удобрений для обработки земли. Кулуйпа планирует получить хороший урожай и увеличить прибыль от реализации сельскохозяйственной продукции, также часть средств потратит на покупку скота. Доходы от кредита Кулуйпа планирует вложить в открытие столовой, она давно хотела заняться общепитом, тем более, что продукты выращивает самостоятельно. Кулуйпа считает, что эта деятельность будет очень прибыльной.

Additional Information

More information about this loan

This loan is part of Bai Tushum’s efforts to provide essential funds to farmers and agricultural producers to cultivate and process locally grown vegetables, crops, fruits and dairy products. These loans also help people in remote areas access lighting and heating for their households, promote green energy products and help reduce energy expenses. The program includes a 5% rebate of annual interest at the end of loan terms if all repayments are made on time. By funding this loan, you are helping low-income residents improve self-sufficiency, expanding domestic farmers markets and direct producer-to-consumer market opportunities, and making strides against poverty.

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
  • 93
    View loans »
    Kyrgyzstan Loans Fundraising
  • $10,746,400
    Funds lent in using Kiva
  • 51.8
    Kyrgyzstan Soms (KGS) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,550 helped Kuluypa to buy fertilizers for growing environmentally friendly products and to purchase livestock.
94% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 26, 2014
Jul 14, 2014
Currency Exchange Loss:
Jul 17, 2015