Total loan: $1,300
Bishkek city, Chui region, Chuy Province, Kyrgyzstan / Food
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A loan helped to purchase food products in order to develop her retail business by increasing her goods turnover.
Gulmira is 57 years old, a widow and has two children. She has a secondary education and, to earn the primary income, has been involved in selling food products out of a small store since 2010. She has an inventory of goods worth 44,000 som (KGS). Today, her combined monthly profit is 7,000 som (KGS). To continue developing her business, she requested a loan in the amount of 100,000 som (KGS) from the Bai Tushum Bank and will use the loan to develop her retail business by increasing her goods turnover. She plans to use the profit from the loan to grow her business and repair her house.