Check out other loans that are currently fundraising!
Nazgul is 30 years old, married and has 3 children. Nazgul has a higher education and is an accountant. She graduated from a university, got married and became involved in animal husbandry. Nazgul receives good feedback from her neighbors. They say that she is a kind and hardworking woman. Thanks to her hard work, Nazgul was able to develop and expand her business, which today yields approximately 20,000 som (KGS) per month, and serves as the basis for covering food and consumer needs of the family. The earnings from the business allowed Nazgul to start building her own house. In order to complete the construction, Nazgul requested a loan from the "Bai-Tushum" Bank to install a heating system, to create a water supply for drinking needs, and also to provide indoor and outdoor wall linings. In the future, Nazgul plans to increase livestock headcount, so that the resulting profit would help raise and educate her children in good conditions.
View original language description ↓
Назгуль 30 лет, замужем, имеет 3 детей. У Назгуль - высшее образование, по специальности бухгалтер, после окончания университета она вышла замуж и начала заниматься животноводством. Назгуль имеет очень хорошие отзывы от своих соседей. Они отзываются о ней как о доброй и трудолюбивой женщине. Благодаря упорному труду, Назгуль смогла развить и расширить свою деятельность, которая на сегодняшний день приносит около 20,000 сом (KGS) в месяц, что служит основой для покрытия расходов на питание и бытовые нужды семьи. Доходы от бизнеса позволили Назгуль начать строительство собственного дома. В целях завершения строительства, Назгуль обратилась в Банк «Бай –Тушум» за кредитом - на установку системы отопления, на проведение водоснабжения для питьевых нужд, а также внутреннюю и внешнюю обделку стен. В будущем Назгуль планирует увеличить поголовье скота, полученная прибыль поможет вырастить и обучить детей в хороших условиях.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.


About Kyrgyzstan

  • $2,500
    Average annual income
  • 53
    View loans »
    Kyrgyzstan Loans Fundraising
  • $11,291,700
    Funds lent in using Kiva
  • 51.7
    Kyrgyzstan Soms (KGS) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,950 helped Nazgul to install a heating system, to create a water supply for drinking needs, and also to provide indoor and outdoor wall linings.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jul 16, 2014
Jul 25, 2014
Currency Exchange Loss:
Jan 18, 2015