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Total loan: $675
Kyzylbulak village, Batken Province, Kyrgyzstan / Agriculture
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Mahabat's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to purchase cattle.
Mahabat is a 44-year-old villager. She lives in the village of Kyzylbulak, in the south of Kyrgyzstan. She works in the local administration of a nearby area and is characterized by her colleagues as a very positive and open-hearted person. Currently, her salary is too low to support her family, which is why she began to breed livestock and cultivate the land. Mahabat began her business using 6,000 Kyrgyzstani som (KGS) in capital and, over time, managed to generate a profit of 3,000 KGS per month. She was able to establish a farm, which is in need of development. For this reason, she is applying for a loan of 30,000 KGS to buy more cattle. With the revenue she expects to generate from the loan, she plans to expand her business. Bai-Tushum and Partners, one of the leading microfinance institutions in Kyrgyzstan, uses Kiva funding to target the area's especially vulnerable population. As a reliable financial partner, Bai-Tushum contributes to the economic development of the Kyrgyz Republic through the delivery of microfinance services in rural and urban areas, which in turn leads to increased employment and meets the needs of clients and lenders.